By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
CoinLucidCoinLucid
  • All News
  • Bitcoin
  • Ethereum
  • Altcoins
  • Blockchain
  • DeFi
  • Mining
  • NFT
  • Learning
Reading: Bitcoin Mining Revenue Decreased by 68% in 2 years
Share
Notification Show More
Latest News
What is Fair Value Gap – Smart Money Concepts
Learning
What are Equal Highs and Equal Lows – Smart Money Concepts
Learning
Ankr Network rising by 50% in the past 24h following its partnership with Microsoft
All News
110M $ALBT Hacked and trading suspended from KuCoin
All News Altcoins
What are Moving Averages (MAs)?
Learning
Aa
Aa
CoinLucidCoinLucid
  • All News
  • Bitcoin
  • Ethereum
  • Altcoins
  • Blockchain
  • DeFi
  • NFT
  • Mining
  • Learning
  • All News
  • Bitcoin
  • Ethereum
  • Altcoins
  • Blockchain
  • DeFi
  • Mining
  • NFT
  • Learning
Have an existing account? Sign In
Follow US
  • Advertise
© 2023 Marketoken All Rights Reserved.
CoinLucid > Blog > All News > Bitcoin > Bitcoin Mining Revenue Decreased by 68% in 2 years
All NewsBitcoinMining

Bitcoin Mining Revenue Decreased by 68% in 2 years

Ed Miles
Last updated: 2022/12/31 at 11:38 AM
By Ed Miles 1 Min Read
Share
SHARE

Bitcoin mining revenue, which was highest in 2021 at $47 million, had gone through a gradual decline before returning to its pre-halving level in December 2022 at $15 million. This level of revenue was seen as a positive sign, as it demonstrated that the bitcoin mining industry was able to weather the period of decreased rewards. As the industry continues to develop, the revenue generated from mining is expected to continue to increase over time.

December #bitcoin mining revenue is back to pre-halving level pic.twitter.com/Y1XfQ9asVe

— Pierre Rochard (@BitcoinPierre) December 29, 2022

Pierre Rochard, the Bitcoin Strategist at US-based cryptocurrency exchange Kraken, recently tweeted that the bitcoin mining revenue for December was back to pre-halving levels. He included a graph to show the average daily bitcoin mining revenue from 2016 to 2022. This news is encouraging for bitcoin miners as it indicates that the potential for mining revenue is still strong, even after the halving event. It also shows that the Bitcoin industry is resilient and growing despite the occasional market fluctuations. The post by Pierre is a sign of hope for the future of the Bitcoin industry and its potential for growth.

You Might Also Like

Ankr Network rising by 50% in the past 24h following its partnership with Microsoft

110M $ALBT Hacked and trading suspended from KuCoin

Crypto Bullish sentiment is at Risk before the FOMC today

$NFTS Seedify January Updates

DOGE Dogecoin Trading Signals + Buy & Sell Alerts

TAGGED: bitcoin mining
Share this Article
Facebook Twitter Email Print
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article Italy: 26% tax on Crypto profits for 2023
Next Article FTX’s Japanese customers will start withdrawing funds
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

Facebook Like
Twitter Follow
Instagram Follow
Telegram Follow

Top 24h Crypto Gainers

NamePriceChanges 24H

Top 24h Crypto Losers

NamePriceChanges 24H

Latest News

What is Fair Value Gap – Smart Money Concepts
Learning
What are Equal Highs and Equal Lows – Smart Money Concepts
Learning
Ankr Network rising by 50% in the past 24h following its partnership with Microsoft
All News
110M $ALBT Hacked and trading suspended from KuCoin
All News Altcoins
//

We provide News and information to understand better the world of Crypto Tokens

Quick Link

  • Privacy Policy
  • Website Terms of Use

Support

  • OUR SITE MAP
  • Write For Us
  • Crypto Heat Map

Register to Our Newsletter

Get the Crypto updates straight to your inbox!

© 2022 Marketoken. All Rights Reserved.

  • bitcoinBitcoin(BTC)
    $27,209.00-2.39% 24H
    BITCOIN
    24H : -2.39%
    Volume : $18.75B
    Marketcap : $525.25B
  • ethereumEthereum(ETH)
    $1,714.77-2.91% 24H
    ETHEREUM
    24H : -2.91%
    Volume : $9.75B
    Marketcap : $206.24B
  • tetherTether(USDT)
    $1.00-0.16% 24H
    TETHER
    24H : -0.16%
    Volume : $29.53B
    Marketcap : $79.31B
  • binancecoinBNB(BNB)
    $308.54-5.99% 24H
    BNB
    24H : -5.99%
    Volume : $1.03B
    Marketcap : $48.61B
  • usd-coinUSD Coin(USDC)
    $1.000.050% 24H
    USD COIN
    24H : 0.050%
    Volume : $4.55B
    Marketcap : $33.49B
  • rippleXRP(XRP)
    $0.4817.15% 24H
    XRP
    24H : 7.15%
    Volume : $3.28B
    Marketcap : $24.84B
  • cardanoCardano(ADA)
    $0.345-2.91% 24H
    CARDANO
    24H : -2.91%
    Volume : $338.57M
    Marketcap : $12.07B
  • dogecoinDogecoin(DOGE)
    $0.073-1.41% 24H
    DOGECOIN
    24H : -1.41%
    Volume : $557.53M
    Marketcap : $10.15B
  • staked-etherLido Staked Ether(STETH)
    $1,710.21-2.88% 24H
    LIDO STAKED ETHER
    24H : -2.88%
    Volume : $22.42M
    Marketcap : $10.04B
  • matic-networkPolygon(MATIC)
    $1.05-4.77% 24H
    POLYGON
    24H : -4.77%
    Volume : $480.35M
    Marketcap : $9.51B
Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Go to mobile version
Welcome Back!

Sign in to your account

Register Lost your password?