Bitcoin Mining Revenue Hits $20 Billion, Doubling in Two Years

From decrypt.co

Bitcoin miners have earned as much as they have in the past two years as they did in the first decade of Bitcoin’s existence. The impressive factoid, pointed out by Rafael Schultze-Kraft, CTO of data metrics site Glassnode, draws on Glassnode’s data for cumulative Bitcoin miner revenue. Cumulative revenue today hit $20 billion, meaning that it has doubled in the past two years, according to Glassnode. All this shows that Bitcoin miners are deriving more revenue than ever from securing Bitcoin’s network. The pace picked up during this year’s bull run, which quadrupled the price of Bitcoin in under five months. ... (full story)