Bitcoin Miners Saw 23% Revenue Increase in August

[Galaxy]

Bitcoin miners enjoyed a 23% increase in revenue during August, driven by higher network fees from increased on-chain transaction volume as bitcoin (BTC) avoided a daily close below $11,000 throughout the entire month.

Bitcoin miners generated an estimated $368 million in revenue in August, up from $300 million in July, and the third consecutive monthly increase in miner revenue, according to Coin Metrics data analyzed by CoinDesk.
Revenue estimates assume miners sell their bitcoins immediately.
Info Link: https://www.coindesk.com/bitcoin-mining-august-revenue-increase