According to The Block Research, in March the total income of miners mining bitcoins amounted to $ 380.1 million, which is 25% lower than the results of February..
The indicator is calculated based on the conditions that the miners sold all the mined coins immediately after receiving them at the current closing rate at that time.
For comparison, for 2019 the prospectors earned $ 5 billion, and for 2018 – $ 5.26 billion.
Bitcoin Mining IS MORE PROFITABLE THAN EVER IN 2021 🤑
The bulk of the income (87.88%) comes from the payments of the system’s rewards for the closure of new blocks, which so far amount to 12.5 BTC. Halving should take place next month, as a result of which payments will be halved – up to 6.25 VTS.
The remaining 2.12% of total miners’ income comes from fees for transactions made by users on the bitcoin network..
However, in parallel with the depreciation of the MTC, in March the difficulty of its production fell by 16%, and the hash rate by 23%, which contributed to an increase in profitability and return «into operation» classic ASIC models.
text: Ivan Malichenko, photo: Shutterstock, graphic: The Block