January 22, 2021

The profitability of mining BTC set a record in 2020

The profitability of mining BTC set a record in 2020

Bitcoin mining has set a record this month, according to TheBlock Research Center profitability for the whole year.

The previous peak of mining profitability this year was in February - miners received $ 0.17 per TX / s. Then BTC was trading above $ 10,000 and the 2020 halving had not yet taken place.

According to the latest data, this month bitcoin miners are earning $ 0.19 per day for every TX / s of processing power.

Just yesterday, BTC miners earned $ 24.27 million - $ 21.59 million in block rewards and the rest on transaction fees.

The profitability of mining BTC set a record in 2020

And while the profitability of mining is growing, the complexitymining (an indicator of competition among miners) has been in place for almost a month. The current mining difficulty is 18.6 trillion, and the all-time high was set at 20 trillion this October.

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According to the materials www.theblockcrypto.com