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Mining Revenue

Post-Halving Fallout: Bitcoin Hashprice Slides 30%, Miners’ Earnings Hit

Post-Halving Fallout: Bitcoin Hashprice Slides 30%, Miners’ Earnings HitFollowing a peak in onchain fees, bitcoin miners experienced a significant decline in the hashprice, which fell from a daily rate of $114 per petahash on Sunday to a markedly lower $79 per petahash by Tuesday. To date, the network’s hashrate has experienced a modest decline, though nothing too substantial yet, following the completion of […]

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Bitcoin Miner Rewards Shrink Below Pre-Halving Levels as Network Fees Fall Sharply

Bitcoin Miner Rewards Shrink Below Pre-Halving Levels as Network Fees Fall SharplyAfter experiencing a period of high fees, onchain transfer costs on the Bitcoin network have decreased significantly. On Friday, the fees peaked at $240 per transaction, but by now they have fallen to just $11.06 each. Since reaching block height 840,179, miners are now earning less bitcoin in rewards compared to before the halving event […]

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93 Blocks, $71 Million in Fees: Bitcoin Mining Revenue Booms Post-Halving

93 Blocks,  Million in Fees: Bitcoin Mining Revenue Booms Post-HalvingSince the halving, miners have successfully extracted 93 blocks, accumulating a significant 1,087.99 bitcoins valued at approximately $71.04 million solely from transaction fees. As of 2:00 p.m. EDT on Saturday, the current metrics indicate a high-priority transaction cost of 492 satoshis per virtual byte (sat/vB), equivalent to $44.83 per transfer. Bitcoin Mining Landscape Transforms With […]

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Report: Decentralized Exchange Volume Surpasses $1 Trillion in 2021, Uniswap Leads the Pack

Report: Decentralized Exchange Volume Surpasses  Trillion in 2021, Uniswap Leads the PackDecentralized exchange (dex) volumes have become very prominent this year and some dex applications have been dealing with volumes that are sizable to large centralized crypto exchanges. During the last seven days, Ethereum-based dex platforms processed $21 billion with Uniswap capturing 71% of all the Ethereum-based dex applications today. Statistics from a report published by […]

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