Bitcoin mining The income has increased by 140% since Christmas

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Von Krypto News Österreich

The entire Bitcoin mining income (block premiums plus transaction fees) per day has increased by almost 50 % since the beginning of the month and have reached almost $ 24 million.

Despite the clear increase, the number is far from the all-time high of over $ 80 million registered in April 2021.

  • The rally of Bitcoin in the first month of the year seems to have raised the mining community's profits. Data from Ycharts shows that the daily income from the BTC mining from $ 16 on January 1st on January 29th increased (an increase of 47 %).
  • The number rarely exceeded $ 20 million during the long crypto winter in 2022 and shortly after the FTX case and the subsequent market crash fell to up to $ 13 million.
  • The downward trend continued throughout December (when Bitcoin fought around $ 16,500), with the daily Bitcoin mining income fell under $ 10 million. $
  • The number reached its highest level with over $ 80 million in mid-April 2021 (when BTC was traded at almost $ 63,000).
  • Bitcoin mining difficult-a measure that determines how difficult it is to reduce a BTC block- rose at the beginning of 2023 at an all-time high of 38.86 trillion per yesterday (29. January). The previous record was 37.59 trillion marked two weeks ago.
  • The hash rate of Bitcoin-the total amount of computing power, which is used for mining and processing transactions in the network-reached an ATH of 327 Th/S on January 25. In the following days it went back slightly and is currently 311 Th/S.
  • 2022 was devastating for numerous cryptocurrencies, including some managers. Scientific core stored for insolvency protection in December, while argoo blockchain HELIOS system for selling $ 65 million to Galaxy Digital from Mike Novogram

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