news 
Bitcoin Miners Reach $71 Billion Milestone as Network Value Surpasses $2 Trillion
In an unprecedented surge, Bitcoin miners have achieved a remarkable milestone of earning a cumulative $71.49 billion. This achievement marks a significant accomplishment for the network, demonstrating its increasing value and adoption. Simultaneously, Bitcoin’s price has reached a new height, surpassing the $100,000 mark for the first time in history.
This monumental event is not limited to just one aspect; it highlights the collective efforts of miners in securing the blockchain. A staggering 67.31 billion dollars are attributed to block subsidies, with an additional 4.18 billion generated from transaction fees. This feat underscores the dedication and perseverance of the Bitcoin community.
The statistics don’t end there. Since the Genesis Block, a remarkable 19,791,952 BTC have been mined, accounting for approximately 94.2% of the total supply cap. Furthermore, a staggering 873,304 blocks have been mined within an average block time of just 11.8 minutes.
Moreover, Bitcoin has witnessed phenomenal transaction growth, processing over 1.12 billion unfiltered transactions and facilitating a total transfer volume of $131 trillion since its inception.
Source: u.today
