Bitcoin Hashrate Surge Cools Off Despite Notable Uptick In Miner Revenue

Quick Summary:

On-chain data shows the Bitcoin Hashrate has recently paused its uptrend despite the fact that miner revenue is currently sitting at a notable level.

As is visible in the graph, the Total Miner Revenue rose to a high level in the early months of 2024, but it suddenly collapsed around April.

Miners earn their revenue through two means: block subsidy and transaction fees.

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Article Details

Author / Journalist: Keshav Verma

Category: Crypto

Markets: Hungary

Topics: Bitcoin News BTCUSDT Bitcoin Miners Bitcoin Btc Bitcoin Mining Revenue Bitcoin hashrate

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-22 @ 11:00:38 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 550 words

Reading Time: 4 minutes read

Sentences: 33 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 25340934

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 12 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 8 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #105

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