Bitcoin mining revenues climb back up to $1.21 billion in March
After falling consecutively since October, bitcoin mining revenues had a month-over-month increase of 14%.
Bitcoin miners brought in a total of $1.21 billion in revenue in March, according to data compiled on The Block’s Data Dashboard. Mining revenue came in at $1.06 billion in February.
Most of that revenue came from the block subsidy ($1.19 billion) and only a small portion from transaction fees ($15.26 million).
Total revenues have declined from $1.72 billion in October. They hit an all-time high in March 2021, with a total of $1.75 billion.
For more must-read figures from around the digital asset space, read the March by-the-numbers breakdown by The Block Research’s Lars Hoffmann (Research subscription required).
© 2022 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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Author: Catarina Moura
