TSXV:JPWR.H - Post by User
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GJMcDoobon Mar 02, 2021 1:56am
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RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Bitcoin....
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Bitcoin....https://finance.yahoo.com/news/bitcoin-miners-saw-record-1-222856927.html
Bitcoin miners broke a more-than-three-year-old record in February, generating $1.36 billion in revenue, up 21% from January, according to on-chain data from Coin Metrics analyzed by CoinDesk.
The previous revenue record of $1.25 billion was set in December 2017 during the peak of the cryptocurrencys previous bull market. Last months surge in revenue came as bitcoins price climbed during the month from $33,000 to a new all-time high of just above $58,000 before dropping sharply to $43,000 in the last week.
Revenue estimates assume miners sell their BTC immediately.