Bitcoin Miner Revenue Grows By 7%. Here’s How Much They Made

Bitcoin miner revenue is once again on the rise. This time around, the miners have seen a significant bump in their returns from their mining activities in the space of a single week. This increase in revenue coincides with the increase in the hash rate coupled with a rise in the number of transactions carried out in a day. Daily fees have dropped during this time though, so let’s take a look at the numbers. Bitcoin Miner Revenue Jumps The previous week, bitcoin miner revenues had come out to a little over $36.5 million daily recorded on the part of the miners. This is not a bad figure per se but last week’s numbers have shown that there is room for improvement. Related Reading | Small Cap Altcoins Continue To March Ahead Of Bitcoin And Ether Gains Miner revenue had grown a total of 7.3% during this time to a total of $39,177,835 in daily revenues in the third week of March. These numbers come despite a drop in the daily fees accumulated during the week. While the previous seven days had seen daily fees hit as high as $391,669, last week’s numbers came out lower at $381,999 fees per day, leading to a 2.47% in this metric. BTC price slips below $43,000 | Source: BTUCSD on TradingView.com The daily transaction volume had been on the rise though. $5,826 (In billions) in daily transaction volumes was recorded, up from $5,419 (In billions) the previous week, marking a 7.50% increase, the highest increase recorded for the ...