Bitcoin Mining Revenue Tops $1.5 Billion, the Highest in Two Years

Bitcoin miners close 2023 with the most rewarding month since the market’s peak in November 2021. On-chain data shows that bitcoin’s mining rewards reached 36,657 BTC in December 2023 UTC, with 21.75% of that coming from transaction fees thanks to inscription activities. Meanwhile, bitcoin’s average market price remained above $42,000 after rallying to as high […]

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