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Bitcoin Miners’ Revenue Hits $71 Billion in Epic Milestone
In a remarkable achievement, Bitcoin miners have earned a cumulative $71.49 billion, reaching a major milestone. This staggering figure is the result of their tireless efforts to process transactions and secure the network.
Notably, this milestone comes as the price of Bitcoin surpasses the $100,000 mark for the first time in history, with its market capitalization briefly exceeding $2 trillion. The miners’ earnings include $67.31 billion from block subsidies and $4.18 billion from transaction fees.
Since the Genesis Block, a total of 19,791,952 BTC has been mined, which represents an impressive 94.2% of the total 21 million supply cap. Meanwhile, Bitcoin has processed over 1.12 billion transactions (unfiltered) and facilitated a staggering $131 trillion in transfer volume since its inception.
This achievement is a testament to the dedication and perseverance of the Bitcoin mining community, as they continue to play a crucial role in maintaining the integrity and security of the network.
Source: u.today
