CandleFocus Bitcoin Miners' Revenue Hit $71 Billion in Epic Milestone: Details
2024-12-12
Author: Content Editor
Bitcoin miners have earned a total of $71.49 billion since the cryptocurrency's inception, with $67.31 billion coming from block subsidies and $4.18 billion from transaction fees. This milestone indicates the robust security and economic incentives of the Bitcoin network. Additionally, Bitcoin's price recently crossed $100,000 for the first time, with the market capitalization briefly surpassing $2 trillion. The network hashrate and transaction volume have also seen significant growth. Overall, investors have made $1.27 trillion in profit and -$592 billion in losses during the recent market boom. At the time of writing, Bitcoin was trading at $100,290.
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