Bitcoin Miners’ Revenue Hits $1.21 Billion in November — Highest Since April

  • Maxim Hash
  • 2 December, 2024 02:35
Bitcoin Miners’ Revenue Hits $1.21 Billion in November — Highest Since April

According to recent data, Bitcoin miners‘ revenue in November 2024 reached $1.21 billion​, marking the highest level since April when it was $1.79 billion. The increase in income is linked to the rising price of Bitcoin and the growing network hashrate.

The Bitcoin network’s hashrate reached a record 790 EH/s (exahashes per second) on November 21, reflecting high mining activity. This indicates the attractiveness of mining for investors and companies under current conditions.

Experts predict that if the trend continues, miners’ revenue could reach new record levels in the coming months.

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