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News Explorer — Bitcoin Mining Revenue Hits 2023 Peak Amid Market Rally

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Nov 10, 6:14 pm
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Bitcoin Mining Revenue Hits 2023 Peak Amid Market Rally

Bitcoin mining revenue reached a new yearly high of $42,386,514.038 on November 9, surpassing the previous high set in May. This increase in revenue was driven by the surge in BTC's price, which rose to over $37,000 amid anticipation of a possible approval of a U.S. spot Bitcoin ETF by the SEC.

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