Miners on the Bitcoin (BTC) blockchain earned 10% more revenue in August compared to the previous month.
Bitcoin miners in total during the month of August 657 million dollars earned income. Miners’ income increased by 10% compared to the previous month.
Monthly income of Bitcoin miners, since March decrease in the previous month was showing.
Many bitcoin miners around the world heat waves had to stop or partially restrict production because of this. With the passing of heat waves, the hash rate and therefore difficulty level, has been on the rise.
Bitcoin miners earn a large portion of their income. get block rewards is doing. Of the total $657 million earned, $647 million came from block rewards, while $9 million came from transaction fees.