As we approach the halving, Bitcoin miner revenues are painting a complex picture. The 365-day metrics reveal long-term trends, but a sudden peak in daily revenues marked a significant 19-month milestone. What does this peak signify for the future of Bitcoin mining, and how might it influence the market as we edge closer to the halving event?
Bitcoin miners see 19-month high in revenue as halving nears
A surge in Bitcoin miner revenues suggests a profitable lead-up to the network's halving event.
2 min read
Updated: Nov. 27, 2023 at 4:54 pm UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.
