Bitcoin Miner Revenue Holding Steady Despite Recent Halving

Wednesday, 24 April 2024, 19:05
The recent data shows that Bitcoin miner revenue has remained stable after the halving event. Contrary to the significant drop observed in 2020, the current figures suggest resilience in the mining sector. This consistency may indicate a positive trend for miners and the overall Bitcoin network moving forward.
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Bitcoin Miner Revenue Holding Steady Despite Recent Halving

Bitcoin Miner Revenue Stability

The recent data indicates that Bitcoin miner revenue has held steady following the halving event. This resilience is a positive sign for miners in the cryptocurrency space.

Comparison with Previous Halving

During the previous halving in 2020, the 7-day moving average of total miner revenue fell from $18.3 million on May 10 to just $8.44 million on May 18.

Current Trends

The current figures show a different trend, with revenue remaining more stable, which could signal a shift in the mining landscape.

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