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Bitcoin mining revenue jumps 68.6% from the lowest-earning day of 2022

The Bitcoin (BTC) mining industry endured immense financial stress throughout the year 2022 as a prolonged bear market directly impacted their earnings when translated to the U.S....
Bitcoin mining revenue jumps 68.6% from the lowest-earning day of 2022 Bitcoin mining revenue jumps 68.6% from the lowest-earning day of 2022

The Bitcoin (BTC) mining industry endured immense financial stress throughout the year 2022 as a prolonged bear market directly impacted their earnings when translated to the U.S. dollar. However, miners resilient to the year’s lowest mining revenue day, June 13, witnessed a 68.63% increase in mining revenue within a month.

Over the year, revenue from Bitcoin mining dropped due to a multitude of factors centered around investor sentiment — driven by tensions arising from market crashes, ecosystem collapses and loss-making investments. Cutting through the noise, the Bitcoin ecosystem recovered across numerous determinants, including miners’ revenue in dollars, network difficulty and hash rate.

Total miners revenue over time. Source: blockchain.com

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28-03-2024 15:59:55 (UTC+7)

EUR/USD

1.0792

-0.0034 (-0.31%)

Summary

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EUR/USD

1.0792

-0.0034 (-0.31%)

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1.2607

-0.0031 (-0.25%)

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151.43

+0.10 (+0.07%)

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0.6493

-0.0040 (-0.60%)

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1.3604

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163.37

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0.9778

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4.0003

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81.86

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191.10

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US Small Cap 2000

2,114.35

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11,065.50

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206.30

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7.258

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Siemens AG Class N

177.00

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 EUR/USD1.0792Buy
 GBP/USD1.2607Sell
 USD/JPY151.43↑ Buy
 AUD/USD0.6493↑ Sell
 USD/CAD1.3604Neutral
 EUR/JPY163.37↑ Buy
 EUR/CHF0.9778Buy
 Gold2,215.25↑ Sell
 Silver24.527↑ Sell
 Copper4.0003Sell
 Crude Oil WTI81.86↑ Buy
 Brent Oil85.83↑ Buy
 Natural Gas1.703↑ Sell
 US Coffee C191.10↑ Buy
 Euro Stoxx 505,094.75Sell
 S&P 5005,248.49↑ Buy
 DAX18,491.35↑ Sell
 FTSE 1007,957.75Sell
 Hang Seng16,541.42↑ Buy
 Small Cap 20002,114.35↑ Buy
 IBEX 3511,065.50↑ Sell
 BASF53.050Neutral
 Bayer28.53↑ Buy
 Allianz277.93↑ Buy
 Adidas206.30↑ Buy
 Lufthansa7.258Sell
 Siemens AG177.00↑ Buy
 Deutsche Bank AG14.675↑ Sell
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SJC Eximbank7,880/ 8,050
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Cập nhật 28-03-2024 15:59:57
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RON 95-V24.69025.180
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Ngoại tệMua vàoBán ra
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GBP30.490,1831.787,43
JPY158,88168,16
KRW15,9219,29
Cập nhật lúc 15:54:52 28/03/2024
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