Bitcoin mining revenue records its second-best day in history!

All of us who earn through mining know about the revenue of bitcoin miners. It also set another record for Bitcoin mining revenue in history. It currently recorded its second-best day in history in terms of revenue. The last 6 bitcoin mining revenue earned the second highest revenue revenue in history. This day the revenue of Bitcoin miners is about $75.9 million.

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This is the second record revenue for miners in terms of numbers. It previously reached a record high in daily miner revenue in 2021 and was setting records at that time. At that time, Bitcoin miners earned about $77.3 million in revenue in one day. Bitcoin price is currently above $69,200, a day after hitting a new all-time high.

Bitcoin mining requires a lot of electricity. Which mining is possible in developed countries. Even a few days ago Alon Musk expressed his opinion that the world may suffer from electricity crisis by 2035 only because of these reasons. And announced the closure of mining sites in Canada, effective immediately due to power outages and rising energy costs. However, the Bitcoin revenue stream came on the same day as the revenue surge. In the last 6 days it has achieved the second highest record in terms of Bitcoin revenue. Every year there are some such benefits. Typically this facility mines an average of 48 bitcoins per year. And this represents about 1.4% of the firm's holdings. Which includes 11% of the hash rate.

Bitcoin's price has fallen dramatically over the past few years but is starting to rise again. Especially since the beginning of this year the price has continued to rise and it has crossed the highest price all time high in history. If the price of Bitcoin is currently around $68000. However, the price may vary.

Many experts think so. Moreover, past records say so. Every bitcoin halving sees bitcoin price undergo a massive downward correction. As such, there is a possibility that the price of Bitcoin may fall below $45,000 within this year. However the record it currently holds is unique. However, during each Bitcoin halving, the rewards awarded to Bitcoin miners are halved. And this is done every four years. The Bitcoin halving was scheduled for late April this year, having already achieved one of these records this month.