The previous high was reached in May 2021, when total revenue for miners was $1.74 billion. Of the total revenue in March, $85.81 million came from transaction fees, which was also a record monthly total.
Factors contributing to the record revenue:
Follow the industry with us and don't forget to stock up on Bitcoin before halving!
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Follow the industry with us and don't forget to stock up on Bitcoin before halving!
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They note that the capitalization of alternative coins is steadily growing, despite the local decline of BTC.
Experts believe that alternative coins can begin to actively grow in value immediately after the halving of BTC.
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Tether has deployed $500 million to build mining facilities and power plants in Uruguay, Paraguay and El Salvador.
The "volcanic energy" is expected to power a 241mW power plant, which will in turn power miners in that country.
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Our team presents a revolutionary solution in the world of mining:
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Especially since the supply of the coin on the market is decreasing and the value is increasing.
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π1
This opinion was expressed by Yoni Assia, CEO of eToro trading platform.
The expert also said that he expects BTC to continue growing. In his opinion, the inflation of the dollar and other fiat currencies will increase, so more and more people will try to keep their savings in BTC.
Follow the industry with us and don't forget to stock up on Bitcoin after the halving!
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After the halving of miners' rewards, the network also launched a new standard of interchangeable tokens β Runes.
It also shows that Bitcoin mining continues to be a profitable and promising endeavor even in the face of constant change.
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Even a simple hold gives a lower yield (yellow curve)
π Invest wisely and accumulate Bitcoin before its price skyrockets!
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What do you think the price of Bitcoin will be in 2025? Write your opinion in the comments!
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Exchanges are experiencing a shortage in the amount of Bitcoin supply, which may affect the price of the main cryptocurrency.
In addition, it is also profitable to mine Bitcoin right now for several key reasons:
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"With daily inflows of $500 million into bitcoin spot ETFs (approximately 7,142 BTC), it would only take nine months to use up all the reserves."
This proves once again that there will be a Bitcoin shortage very soon, and the only way to mine it is by mining!
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According to experts, due to the fact that residents of mainland China can not be offered access to the funds, in the short term, this event will not affect the rate of leading assets.
However, experts note that this is another step towards the adoption of cryptocurrencies by major players in the global financial market.
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πRunning the Runes protocol on Bitcoin leads to an increase in commissions.
As we already know, the increase in commissions also provides an increase in Bitcoin mining revenue.
About nine blocks after halving, Runes miners have already paid 78.6 BTC as commission (~$4.95 million) to buy the rarest of RAREs.
This suggests that, like Ordinals, the Runes protocol could be a boon to Bitcoin's growing commission economy.
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The interest of cryptokits, whose wallets hold from 1,000 to 10,000 BTC, jumped by 11% in a month.
They are adding up to 200,000 BTC per month to their balances. This far exceeds the monthly number of new tokens being introduced into circulation.
π If the current demand from cryptokits continues, the bitcoin exchange rate will rise significantly for this very reason.
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In this regard, users are actively discussing a new strategy for earning:
> Buy BTC 500 days before the halving;
> Just hold;
> Sell BTC 500 days after the halving;
> Repeat.
Stock up on Bitcoin now and sell it at a high level later!
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The project team has worked hard and decided to end the year with great news for all holders and miners of the coin! ERGO has been listed on a large exchange MEXC Global.
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β’ After 90 days, the return was 59% on average
β’ After 180 days - 373%
β’ After 1 year - 2908% ( this average includes 279% and 594% in the second and third halvings. The average annualized hyper-return is due to the result of the growth after the first halving (7851%)
Stock up on Bitcoin now and sell at a high level later!
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This surpasses the previous record of 724,000 set in December 2023. The rise in transactions is attributed to the launch of Runes, a new token standard on the Bitcoin blockchain.
βRunes and Ordinals demonstrate the value of the blockchain space, Bitcoin is the most decentralized, safe and secure network in existence, so there will be use cases and value extracted from this blockchain space,β experts emphasize
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For example, recently the coin was listed on HTX (former Huobi)! The price of the asset has already reacted to this news with a slight increase.
You can start mining $FLUX right now! Just follow the link and get stable income from mining.
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Despite the fact that the first cryptocurrency appeared only 15 years ago, it is already successfully competing with the largest technology companies.
Among tech companies, only one competitor has been able to overtake BTC in the last 10 years β graphics processor maker Nvidia.
Thus, cryptocurrencies can rightly be called one of the most profitable and promising instruments today.
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π₯ The current bullrun may be the last cycle before Bitcoin and major blockchains are finally adopted, i.e. their mass popularity among ordinary people
As an analogy, some users have started to compare the rate of spread of the Internet and the major cryptocurrency. It turns out that the number of active users of the Bitcoin network is now comparable to the popularity of the Internet in 1997.
β¨ Blockware Solutions has published a report regarding the rate of Bitcoin adoption. In it, the agency claims that by 2030, about 10% of the world's population will be actively using the cryptocurrency.
As in the case of smartphones and the Internet, the so-called βnetwork effectβ is at work here. The more people use bitcoin, the faster its audience grows.
π Necessary links
As an analogy, some users have started to compare the rate of spread of the Internet and the major cryptocurrency. It turns out that the number of active users of the Bitcoin network is now comparable to the popularity of the Internet in 1997.
This suggests that we are still in the early stages of a rapid phase of BTC popularization.
As in the case of smartphones and the Internet, the so-called βnetwork effectβ is at work here. The more people use bitcoin, the faster its audience grows.
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