Bitcoin (BTC) pump to $18k pushes miner revenues to pre-halving levels

[Jentot]

Bitcoin (BTC) pump to $18k pushes miner revenues to pre-halving levels

The recent BTC run has borne good news for two important parts of the Bitcoin ecosystem — investors and miners.

Data from on-chain tracking firm Glassnode shows miner revenues are back at pre-halving levels, i.e. before May 12 of this year. These are the same as when block rewards were double those of today.
Bitcoin mining is an important, but intensive, part of the asset’s ecosystem. Miners armed with multimillion rigs build out complex infrastructure to maintain the Bitcoin network and receive BTC rewards for each block they mine (requiring millions of mathematical calculations each second).

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