According to monthly data from The Block, Bitcoin miners earned $1.72 billion in October, the second-highest total.
October figures exceed April's - $1.7 billion - and fall slightly short of March's record high of $1.75 billion.
Most of the profit was received for finding a new block - 6.26 BTC or $386.3 thousand. Transaction fees amounted to 10% of total monthly revenue.
The upward trend in miners' income, observed since the end of summer, continues. After halving, the total income of miners of the first cryptocurrency increased by 275%. At the beginning of last month, their daily profit reached $40 million, and the amount of commissions amounted to a three-month maximum of commission income.
Subscribe to ForkNews in Telegram, to stay up to date with news from the world of cryptocurrencies
You May Also Like
Marathon will raise $500 million to buy BTC and miners
Marathon Digital Holdings, one of the largest American mining corporations, will attract debt financing to replenish the balance sheet of the BTC and purchase ASICs.
BTC.com launches new service for Ethereum miners
BTC.com, a major mining pool operator and cryptocurrency wallet provider, is expanding its list of services. The website staff announced that they are adding an Ethereum block explorer service.
