Bitcoin Mining Difficulty Sets New Records, BTC Miners Capture $1.5 Billion in Revenue Last Month

Bitcoin Mining Difficulty Sets New Records, BTC Miners Capture $1.5 Billion in Revenue Last Month


On Friday, April 2, 2021, Bitcoin’s mining difficulty is the highest it has even been in its lifetime but bitcoin miners still captured record revenues last month raking in $1.5 billion in coinbase rewards and transaction fees. Today, the blockchain’s hashrate is around 160 exahash per second (EH/s) with 17 pools dedicating hashpower to the network.

$1.5 Billion in Bitcoin Rewards and Fees, Difficulty Ramps Up to 23 Trillion With a 5% Increase on the Way

The price of bitcoin has been consolidated just under the $60k region and at 10:30 (EST) on April 1st, BTC jumped over the $60k handle to $60,103 per unit. The price has been driving the hashrate higher as miners are dedicating a lot of resources toward finding bitcoin blocks.

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On March 27, 2021, the Bitcoin hashrate spiked to 195 EH/s coming awfully close to the 200 EH/s zone for the first time ever. The continuous rise in hashrate has also pushed up

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