Bitcoin mining records record daily revenue on halving day
The cryptoasset market saw the expected bitcoin 'halving' last week without major shocks.
Before the watched block reward halving, the price of bitcoin briefly fell below $60,000, but then recovered and remained fairly stable, around $65,000, during the halving.
Bitcoin is currently trading at $66,100, with little volatility in the broader cryptocurrency market.
Although bitcoin price action has been fairly quiet since the halving, daily mining revenue skyrocketed, surpassing $100 million for the first time on the day of the halving. Users who wanted to be part of bitcoin history paid significantly higher fees to have their transactions recorded in block 840,000. More details on this story below.
