Bitcoin miners and revenue records with surged BTC price

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Snapshot from Coinbase data

In 2020, revenue for miners has crossed $700 million, according to The Block Research. Of this figure, transaction fees alone made $68.3 million

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Not only in 2020, but generally since 2018, the December timeframe has been the most lucrative for miners. In December, bitcoin rates rose to $19,000 causing increase in demand for transactions.

Since bitcoin rates has gotten even better this January, miners can gain even more, provided the increase in value. As a note, BTC is selling at approximately $33,973.03 per coin at present.

 

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