$71.49 billion in revenue, Bitcoin miners become the world's strongest "mining machines"!!!
As of December 5, Bitcoin miners' cumulative revenue has reached $71.49 billion, an astonishing figure derived from providing security for the network and processing transactions. Among these, block reward revenue contributed the majority, reaching $67.31 billion, while transaction fee revenue totaled $4.18 billion. These revenues not only reflect the strong resilience of the Bitcoin network's economic ecosystem but also highlight the self-driving capability of decentralized systems.
The income from block rewards benefits from Bitcoin's block generation mechanism, while fee income reflects the continuous growth of user demand for network transactions. As the Bitcoin block reward halving approaches, the proportion of fees in miners' total income may further increase, which could also affect miners' revenue models and the long-term development of the network.
Mining is not only a competition of technology and hardware but also a collaboration of capital, energy, and trust on a global scale. Want to learn more about the economics and future trends behind blockchain? Follow Mr. Qiu and let's explore the next possibilities for wealth together!
