Bitcoin miners have generated $1.33 billion in revenue in December, surpassing their earnings in November. This increase in revenue is due to higher bitcoin prices, however, the hashprice has actually decreased compared to 30 days ago. Despite this, the hashrate reached an all-time high within the same period. A scheduled difficulty adjustment is expected to see a slight rise on December 29. Currently, there are 65 entities contributing to BTC mining operations. Although the hashprice has declined, December revenue has already surpassed November's total. With 48 hours left in the year, it is likely that December will see more funds in fees than November. The sector appears to be poised for further growth, driven by increasing computational power and market demand.
- Content Editor ( news.bitcoin.com )
- 2024-12-29
Bitcoin Mining Revenue Outpaces November—And December Isn’t Over Yet