Bitcoin Miners Earn Record $ 1.5 Billion This Month

During the incomplete first month of spring, bitcoin miners have already earned more than $ 1.5 billion – almost $ 150 million more than in February. Most of the profits are block rewards.

The overwhelming majority of the profit – $ 1.36 billion – was received in the form of block rewards, and another $ 148 million – in the form of commissions. In March, miners have already earned more than in February, when their profits reached a record $ 1.36 billion. Bitcoin miners have earned more than $ 1 billion per month for three consecutive months.

In the middle of the month, Glassnode analysts reported that Bitcoin mining reached record profitability – miners earn about $ 52.3 million per day. This is due to the rise in the price of BTC and transaction fees.

Recall that the shares of mining companies turned out to be more profitable than investments in bitcoin. Over the past year, bitcoin has grown by 900%, while shares of mining companies during the same period have risen by 5,000%. Investments in shares of mining companies turned out to be 455% more profitable than direct investments in BTC.

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