Bitcoin Mining Profits Hit $40 Million In Just One Day
Recent data provided by Glassnode on-chain data provider shows the total value paid to miners in USD doing a 275% increase, amounting to $40 million paid to miners in one day. This recent rise is of course influenced by the huge price spike of bitcoin, also some other factor like electricity costs, mining rig servicing, market fluctuations and other force like the Chinese crackdown on cryptocurrencies can affect bitcoin mining profits.
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