$101,811.00
-2.06%$2,453.25
-1.09%$2.53
7.06%$656.73
0.77%$170.77
-0.27%$0.999941
0.00%$0.226423
-1.57%$0.80063
0.01%$0.272154
3.83%$2,448.74
-1.24%$101,764.00
-1.91%$3.87
-2.23%$16.48
-1.86%$2,962.59
-0.74%$24.39
-0.78%$0.312543
2.24%$0.00001559
-1.69%$0.213904
5.23%$3.35
-0.27%$406.43
-0.43%$1.13
6.97%$23.88
-3.28%$8.48
1.36%$0.999914
0.01%$5.04
-0.78%$100.81
1.08%$2,450.46
-1.13%$332.37
-1.82%$2,614.02
-1.37%$0.00001325
-3.20%$4.72
-2.52%$0.997887
-0.19%$1.00
-0.03%$101,850.00
-1.96%$30.14
0.12%$6.75
-1.51%$444.93
-0.45%$3.09
-1.06%$5.79
-1.66%$216.27
-0.90%$54.43
-0.96%$1.002
-2.19%$5.70
0.77%$0.114422
-1.55%$19.52
-1.61%$1.00
0.00%$0.098556
1.15%$34.60
1.21%$0.798625
0.75%$21.68
-0.52%$0.03073209
-0.20%$5.03
-3.13%$1.051
0.01%$12.80
-6.04%$5.29
0.54%$0.253496
-0.94%$0.382684
-6.01%$0.824921
-2.27%$1.004
0.41%$1.17
0.05%$3.09
-1.46%$0.430638
-4.98%$101,218.00
-2.53%$0.236879
-0.96%$3.13
-1.64%$4.37
0.07%$0.578449
0.72%$1.25
0.41%$0.00002181
-0.75%$4.52
-0.39%$0.540157
-2.69%$0.997809
-0.03%$2,444.49
-1.40%$1,778.70
-2.05%$0.961783
-2.98%$97.51
-0.62%$11.32
0.38%$179.34
-0.31%$2,554.80
-1.05%$0.831054
-3.97%$0.877139
-1.61%$0.722811
1.23%$1.30
1.72%$0.254197
-0.77%$0.01970538
1.01%$13.08
0.87%$1.26
-1.01%$1.90
0.44%$4.52
-2.54%$0.074207
-0.39%$2,791.59
-0.96%$1.13
26.17%$0.115768
-1.34%$1.00
-0.03%$101,614.00
-2.02%$0.00011013
5.51%$0.744917
-1.54%$0.998064
1.11%$0.02190738
0.44%$0.01979184
5.43%$1.057
-2.79%$655.29
0.64%$220.45
-0.30%$2,610.58
-1.18%$0.999599
-0.02%$0.998935
-0.08%$189.15
-0.03%$0.351729
-0.98%$2.94
-4.93%$0.836191
-1.61%$101,945.00
-1.85%$0.01296673
-5.10%$0.00000081
1.76%$3,227.80
-2.82%$0.633918
1.19%$2,575.04
-0.97%$39.39
-4.35%$0.239046
-2.78%$0.999988
-0.01%$101,220.00
-1.93%$99,408.00
-4.96%$3,237.35
-2.60%$2.36
-2.36%$13.10
-7.43%$22.57
-3.16%$0.125068
0.68%$0.726684
-0.80%$0.072828
-11.43%$0.44731
-0.81%$3.86
-2.13%$0.665218
0.45%$0.73999
-1.47%$2,582.32
-0.51%$42.69
1.30%$0.358508
-1.63%$0.182586
-1.02%$2.02
-1.00%$1.88
9.82%$0.997654
-0.05%$2.15
-1.43%$0.998402
-0.02%$3.68
-4.56%$1.11
0.28%$0.495739
1.48%$0.01759632
-1.27%$0.226905
-1.68%$0.69998
-3.20%$0.0097833
-2.08%$0.0059897
-2.58%$0.176622
-1.87%$111.00
0.00%$0.700694
-0.82%$19.26
-0.62%$0.215956
0.33%$2,449.06
-1.19%$0.662532
0.88%$2,453.17
-1.11%$0.533123
4.93%$2,606.14
-1.51%$7.91
-2.40%$101,858.00
-2.04%$2,529.79
0.64%$7.12
2.74%$1.002
0.21%$0.460014
-4.57%$3.08
-1.02%$0.997658
-0.11%$0.00002437
-1.46%$0.193842
-0.84%$0.095711
-1.13%$101,271.00
-2.45%$0.103061
0.19%$0.065757
1.38%$3.91
-6.40%$0.00873943
-4.53%$0.999902
0.00%$0.04766414
-0.04%$2,449.24
-1.47%$0.690449
-1.16%$98,846.00
-1.67%$0.00000044
2.25%$2,445.23
-1.58%$1.56
-1.06%$0.160202
0.01%$1.70
-5.28%$45.93
-3.40%$0.253241
-0.88%$1.53
-3.41%$1.087
-0.01%$0.423164
-3.57%$0.993899
-1.97%$0.00000103
-9.67%$1.66
-2.34%$101,631.00
-1.63%$0.407448
-1.64%$0.005544
-4.80%$0.01988878
3.38%$0.03843423
3.35%$0.376328
-7.50%$1.27
-8.45%$22.91
22.85%$0.339677
3.67%$0.999633
0.10%$0.04141027
10.37%$0.187647
-1.32%$34.12
0.42%$0.99984
-0.11%$0.00006818
-1.33%$0.00441019
-1.52%$0.369864
5.17%$0.812
-3.60%$0.87146
-2.75%$0.00362773
-1.28%$2,600.71
-1.24%$135.91
-0.46%$0.00082073
26.31%$21.32
-0.62%$0.279314
-3.19%$0.00000165
4.56%$0.00379484
8.47%$2,693.23
-1.14%$1.001
0.04%$24.39
-0.90%$3.94
-6.86%$2,669.65
-1.12%$101,944.00
-1.81%$0.997166
-0.10%$2.89
-3.76%$0.714894
-2.94%$0.229967
-0.87%$0.999513
-0.04%$1.00
-0.01%$0.543335
-0.84%$23.81
-3.19%$1.099
-0.00%$2,457.00
-0.81%$2,642.23
-1.14%$0.999836
-0.00%$0.00295159
2.41%$24.35
-1.27%$2,453.16
-1.18%$0.590397
0.66%$0.862963
0.23%$0.00388816
5.47%$0.286216
-0.20%$0.00
-2.93%$0.120458
0.07%$0.692366
-1.22%
Bitcoin mining revenue is at $33 million per day, according to Glassnode CTO Rafael Schultze-Kraft—a figure that hasn't been seen since 2017.
Bitcoin mining revenue tracks the total revenue generated by Bitcoin miners. At $33 million per day, the rate has increased to a point that has only been beaten for a total of five days during Bitcoin’s famous 2017 bull run in December 2017. The increase also represents a major spike in revenue since Christmas.
“Bitcoin miners are happy,” tweeted Glassnode CTO Rafael Schultze-Kraft.
#Bitcoin miners be happy.
Current revenue: $33 million / day
Between the last halving and October, the average daily revenue was at around $10M.
And only within 5 weeks in late 2017 has this number been higher.
The mining death spiral at play.
Chart: https://t.co/Z9u9dMK1vx pic.twitter.com/a894cKT07k
— Rafael Schultze-Kraft (@n3ocortex) January 6, 2021
On December 16, 2020, the total Bitcoin mining revenue was at $17 million, which means the total revenue has increased by over 90% since Christmas and the start of the new year.
This spike however, is not unprecedented. On December 18, 2017, the total Bitcoin mining revenue hit just under $50 million. This spike was achieved just one month after revenue figures were only around $17 million.
Coinciding with the infamous price crash that followed the 2017 Christmas bull run, total Bitcoin mining revenue fell to $16 million by mid-February 2018. Might that happen again?
