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    Home ยป Mining profitability is growing along with Bitcoin rate and transaction fees

    Mining profitability is growing along with Bitcoin rate and transaction fees

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    By BlockchainJournal on May 28, 2019 News
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    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
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