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Bitcoin miners’ March revenues hit record highs

Bitcoin miners’ March revenues hit record highs

Bitcoin miners earned $1.75 billion in March. This marks a record monthly revenue, reports The Block.

Bitcoin miners’ March revenues hit new records
Source: The Block.

Of the total, $167.21 million (9.55%) came from transaction fees.

Compared with the previous month, miners’ revenue rose by 28.7%, while the volume of fees fell by 10.7%.

Daily revenue also hit a new high, exceeding $60 million on March 20.

Bitcoin miners’ March revenues hit new records
Source: The Block.

Against this backdrop, analysts at Fundstrat Global Advisors noted that the publicly traded mining companies Marathon Digital Holdings, Riot Blockchain, Hive Blockchain and Hut 8 in terms of revenue опередили биткоин в пять раз.

Authorities in the провинции Хайбер-Пахтунхва and the American city Майами have taken an interest in mining digital gold.

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