Close Menu
    X (Twitter)
    Blockchain Journal
    • News
      • Blockchain News
      • Bitcoin News
      • Ethereum News
      • NFT
      • DeFi News
      • Polkadot News
      • Chainlink News
      • Ripple News
      • Cardano News
      • EOS News
      • Litecoin News
      • Monero News
      • Stellar News
      • Tron News
      • Press Releases
      • Opinion
      • Sponsored
    • Price Analisys
    • Learn Crypto
    • Contact
    • bandera
    X (Twitter)
    Blockchain Journal
    Home ยป Mining profitability is growing along with Bitcoin rate and transaction fees

    Mining profitability is growing along with Bitcoin rate and transaction fees

    0
    By BlockchainJournal on May 28, 2019 News
    Share
    Facebook Twitter LinkedIn Pinterest Email

    According to the analytic service blockchain.com, Bitcoin miners' daily income reached $ 17.5 million.

    Approximately the same level of profitability was last recorded at the end of July last year. At the time, bitcoin was trading at around $ 8,000.

    Against the background of rising prices, the level of BTC mining increases:

    Currently, the indicator of complexity is about the same as in September last year.

    The average daily volume of bitcoin transactions is gradually increasing:

    This figure has already reached the beginning of January 2018, when the market capitalization reached a historic maximum, and Bitcoin was trading above $ 10,000.

    Also in May, there is a surge in miners' income from transactional commissions:

    This is due, apparently, with the growth of the average value of the transaction commission in the network of the first cryptocurrency:

    The graph shows that in mid-May this figure exceeded $ 4.

    Publication date 28.05.2019
    Share this material on social networks and leave your opinion in the comments below.


    Bitcoin blockchain BTC Featured Network
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    BlockchainJournal

    Related Posts

    BNB Recovers Key $970 Level and Shows Resilience Amid BNB Token Volatility

    November 12, 20252 Mins Read

    USDC Issuer Circle Beats Forecasts with $740 Million in Q3 2025 Revenue

    November 12, 20252 Mins Read

    Kraken Warns That UK Crypto Regulations Are Punishing Users Rather Than Protecting Them

    November 12, 20252 Mins Read

    Visa enables cross-border payments with USDC stablecoins in new global pilot

    November 12, 20253 Mins Read

    Stablecoin issuers in Japan could fill the bond-buying gap

    November 12, 20252 Mins Read

    Memecoins jump $5B while NFTs see selective recovery led by CryptoPunks

    November 11, 20252 Mins Read

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2025 Blockchain Journal

    Type above and press Enter to search. Press Esc to cancel.

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.