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WebsCrypto—News—Market News—Miner Revenue Is Currently 150% Higher Than After the Last Halving Event in May 2020
Market News

Miner Revenue Is Currently 150% Higher Than After the Last Halving Event in May 2020

By WebsCryptoApril 13, 2022
Miner Revenue Is Currently 150% Higher Than After the Last Halving Event in May 2020
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According to the latest data from blockchain analysis firm Glassnode, the current dollar-denominated miner revenue is still 150% higher than after the most recent halving event in May 2020. Miners currently earn about $207,000 per Exahash computing power, which is also higher than 40% more revenue during the last capitulation event of the 2018 bear market.

Since mid-February, the market has realized profits of around 13,300 BTC per day, and more profit realizations are typical bullish conditions, with an influx of new demand able to absorb supply and push prices higher.

DISCLAIMER: The information provided by WebsCrypto does not represent any investment suggestion. The articles published on this site only represent personal opinions and have nothing to do with the official position of WebsCrypto.
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