BTC miners have reaped the benefits in 2024, but their earnings are tiny compared to Bitcoin’s giant market cap.
Bitcoin (BTC) miners have earned over $70 billion since the Bitcoin network was created.
As calculated by onchain analytics resource Glassnode in an analysis released on Dec. 11, Bitcoin users have paid miners $71.49 billion.
Bitcoin at $100,000 is a lucrative opportunity for miners, but looking back over the industry’s history, surprising figures stand out.
