Bitcoin mining daily revenue hits record

Bitcoin miners, whose rewards will be halved with the halving, increased their income with the surge in price. Miner revenues reached an all-time high over the weekend.

Bitcoin mining daily revenue hits record

The surge in the price of Bitcoin benefited miners. On 10 March, the 7-day moving average of Bitcoin miners’ revenues reached $68.3 million for the first time in history. The figure had previously broken the record of the period with $67.1 million in May 2021.

The trading volume in the largest cryptocurrency, which set a new record of $72,700 yesterday and rose more than 230% from its level on the same day last year, also hit a record of the last 18 months last week.

Mining devices are very popular

As it is known, in the halving that will take place in mid-April, miners, whose rewards per block will drop from 6.25 to 3.125 BTC, have recently been in an intense race for more powerful and power-saving machines.

Bloomberg, one of the US media, based on MinerMag data, reported that 13 major companies have ordered $1 billion in device orders since February.

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