With the current value of Bitcoin and other cryptocurrencies, mining is becoming extremely profitable and the number of cryptocurrency miners is growing rapidly. So, according to CoinDesk, which the source refers to, there are about 1 million active Bitcoin miners in the world, and in just one month – January 2021 – the income from their activities amounted to $ 1.1 billion. Back in December 2020, the income of Bitcoin miners was 62% less …
As the value of Bitcoin grew, the capitalization of this cryptocurrency broke the $ 1 trillion mark on February 19. At the time of this writing, the world’s main cryptocurrency is trading at $ 58,000, a new record. In such conditions, the number of miners will only grow, as will their income.
.
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
