Mining the first cryptocurrency brought record profits this year.
Bitcoin miners have increased their profits by 206% this year, earning $15 billion. This is a record amount for the mining industry. In 2020, this figure was 3 times less.
Evaluation criteria assume that manners sell all their mined coins, and income calculations are based on this statement. This is not always true, and the numbers may be lower.
The most profitable months for miners were March - $1.75 billion and November - $1.69 billion.

At the same time, Ethereum mining this year became more profitablemining the first cryptocurrency. ETH miners increased their profits by 7 times. Analysts believe the surge is based on high transaction fees, which have risen due to the popularity of non-fungible tokens (NFTs).

Subscribe to ForkNews in Telegram to stay up to date with news from the world of cryptocurrencies
You May Also Like
Mining rig rental scheme failed
A company that promised people who rented their computers to mine Bitcoin double profits within two years has gone bust after being accused of fraud, according to the BBC. The US Securities and Exchange Commission recently banned the launch of the rental system.
In Pennsylvania, university students are actively mining cryptocurrency
Patrick Sines, a Penn State graduate, recently revealed that he mined cryptocurrencies for passive income throughout his undergraduate program. Sines notes that passive income on digital currencies is a very convenient method of earning money.
