$102,218.00
0.64%$3,866.28
-0.86%$2.41
-1.30%$218.99
-2.77%$711.19
-1.42%$0.398259
-2.07%$1.00
0.01%$1.076
-2.51%$3,861.23
-0.73%$0.281045
-4.98%$49.29
-7.16%$28.85
-4.40%$0.0000274
-2.70%$4,586.14
-0.97%$6.23
-0.83%$101,583.00
0.26%$8.67
-1.61%$4.43
-4.67%$0.427829
-1.05%$0.290235
-3.55%$537.22
-0.35%$3,866.27
-0.86%$16.54
-4.20%$0.00002326
-2.49%$117.21
-4.60%$9.36
-0.47%$6.62
-2.83%$23.03
12.71%$13.30
-5.08%$4,073.94
-0.90%$12.79
-3.61%$1.001
0.00%$360.64
-7.48%$1.00
0.04%$0.597472
-2.61%$32.65
-2.66%$0.179645
-0.79%$9.03
-1.92%$0.056541
-3.41%$1.71
-3.33%$2.96
-7.65%$556.19
-4.28%$1.22
-1.20%$0.977952
-4.53%$6.49
-3.05%$0.155147
-2.16%$210.84
-0.64%$3.83
-4.54%$25.16
0.13%$1.25
-2.04%$0.418344
-1.78%$2.30
0.24%$8.85
-2.80%$1.17
16.41%$53.53
-2.67%$6.77
-2.62%$2.43
-8.04%$1.79
-6.10%$2.82
-2.72%$0.00003588
-5.30%$27.17
-4.39%$2.64
-1.72%$1.82
-3.39%$0.273009
-2.73%$3.91
-9.51%$0.571054
-4.95%$2.38
-7.62%$3,868.39
-0.75%$2.93
-3.84%$0.00022592
-5.14%$6.23
-1.82%$0.04343562
-2.26%$0.04931988
-2.22%$102,120.00
0.51%$0.999523
-0.40%$2.20
-4.32%$4,334.78
-0.89%$134.34
-5.40%$3,979.03
-1.01%$4,063.41
-0.78%$0.03401361
-4.21%$0.726589
-4.49%$0.297358
3.80%$1,926.42
-5.76%$13.43
1.20%$0.03031784
-4.28%$0.164833
-6.48%$9.16
9.95%$1.054
-2.05%$13.24
-1.73%$0.427232
-4.55%$5.21
-6.18%$3,976.97
-0.86%$1.47
0.20%$2.05
-4.72%$18.20
-4.51%$43.85
2.68%$1.07
-3.34%$0.930693
-4.54%$1.42
-2.46%$101,823.00
0.62%$21.59
-3.36%$1.12
-10.58%$0.61841
-3.74%$1.98
-3.76%$0.139686
13.90%$3.24
-0.29%$0.388337
-3.98%$101,706.00
0.42%$0.610835
-3.04%$46.84
-1.30%$65.07
-1.91%$223.84
-2.59%$1.36
-5.21%$0.0000013
-2.99%$17.76
-2.73%$1.075
-3.94%$273.06
-2.51%$0.078864
-4.84%$7.53
-3.43%$0.59789
-2.57%$0.00000294
-3.16%$1.14
-4.61%$0.608925
-3.09%$1.53
-4.16%$3,855.18
-1.05%$4,061.93
-0.76%$1.11
-5.04%$101,291.00
0.26%$0.109755
-3.53%$4.70
-1.39%$2.91
-7.96%$3.64
-3.52%$0.818304
-3.20%$0.204222
-4.22%$5.86
-0.68%$0.00933911
1.64%$3.23
-4.33%$105.29
-3.91%$3.75
-3.38%$0.333912
3.25%$2.05
-4.56%$101,604.00
0.38%$2.01
-1.83%$57.41
-2.73%$232.61
-2.83%$3,866.30
-0.86%$0.00004325
-3.55%$1.00
0.08%$3.40
2.32%$3,866.79
-0.83%$0.398574
-1.77%$0.222986
-3.11%$0.736022
-7.96%$0.00786616
-3.03%$0.00987879
3.88%$0.900907
-2.46%$0.378748
-11.19%$2.12
-3.86%$0.777861
-14.99%$0.01113001
-1.63%$0.00013502
0.97%$0.999842
0.02%$283.44
-2.16%$34.77
-3.37%$0.01358546
-5.77%$0.107367
-3.38%$14.04
-1.53%$0.00
-6.41%$6.31
-2.30%$4,196.08
-0.82%$0.00771932
-3.70%$101,339.00
0.07%$0.00160206
-3.74%$0.473529
-4.66%$2,668.68
0.37%$0.995454
0.03%$3,869.70
-0.74%$2.00
-2.20%$1.22
-4.10%$0.624983
-6.35%$0.670427
-9.48%$0.01367475
-3.85%$0.56078
-2.85%$0.606527
-8.88%$7.29
72.06%$0.062683
-4.66%$37.28
-3.15%$16.16
-3.31%$3,861.25
-0.78%$0.00000058
-3.59%$5.69
-1.54%$102,140.00
0.62%$0.083775
4.67%$1.37
0.27%$3,866.01
-0.79%$9.77
-1.46%$0.00804426
-2.71%$1.33
-2.98%$0.00710053
-2.69%$2.62
-0.98%$0.073859
-5.30%$0.00307842
-3.83%$45.20
-5.10%$0.078627
-0.18%$2,654.45
-0.35%$0.292742
-6.09%$0.278792
-2.77%$0.00696631
-1.89%$0.02665197
-4.96%$0.602995
-5.82%$0.537065
-7.64%$4.02
-3.12%$3.84
-7.42%$4,160.09
-0.80%$0.19124
-3.81%$4,027.19
-1.01%$1.004
-0.00%$6.03
-13.12%$0.999649
-0.04%$101,836.00
0.39%$0.00000023
-2.24%$0.00000384
-5.29%$57.95
-7.10%$5.90
-1.86%$0.810117
-4.28%$3.61
54.81%$0.04474399
-3.63%$1.075
-1.73%$1.09
-2.19%$1.062
-0.54%$2.01
-7.15%$0.0132215
-4.04%$4.04
-4.77%$4,271.23
-0.91%$0.046048
-2.86%$0.4784
-3.35%$0.04347329
-4.82%$0.609878
-5.59%$94.64
1.08%$3,866.41
-0.89%$0.419711
13.59%$0.279164
-3.91%$4,092.81
-0.45%$0.41369
-3.45%$2.14
-4.52%$3.92
-3.85%$0.077629
-3.78%
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?
