Bitcoin Blockchain and Cryptocurrency News Center
As the Cointelegraph announced, miners are returning to Bitcoin as difficulty drops and revenues reach all-time highs. Bitcoin (BTC) miners collected $60 million on a thirty-day average time frame as of May 5, showing the first signs of recovery after last month’s severe revenue drop that followed mass miner outages in China’s energy-rich provinces. In April, coal […]
Bitcoin miners enjoyed a 7% increase in revenue during July, driven by higher network fees and increased transaction volume as bitcoin (BTC) rallied to new yearly highs above $11,400, the CoinDesk reported. BTC miners generated an estimated $300 million in revenue in July, up from $281 million in June, and the first monthly increase in […]
Canadian Bitcoin (BTC) mining company Hut 8 has reported record revenue in the third quarter (Q3) of 2018, according to the company’s quarterly financial report published Nov. 8. Hut 8, which claims to be “the largest” public crypto mining company by operating capacity and market capitalization, has revealed its financial results for Q3 of this year, stating that its revenue […]