President Nayib Bukele of El Salvador has indicated that his country’s bitcoin holdings may exceed public estimates. He revealed that El Salvador has been generating bitcoin-related revenue from various sources in addition to the capital gains from bitcoin purchased since its legalization as a legal tender in the country. ‘El Salvador Is Bitcoin Country’ El […]
Bitcoin Mining Revenue Jumps to $1.39 Billion in February Despite Fee Decline
In February, bitcoin miners discovered a total of 4,446 blocks, amassing earnings of $ 1.39 billion, with $ 71 million of this sum coming from onchain transaction fees. The revenue from bitcoin mining in February rose by $ 40 million compared to January, though the amount collected from fees saw a decrease …
December 2023 Sees Record Bitcoin Mining Revenue: $1.51 Billion Amassed With Soaring Onchain Fees
In December, bitcoin miners garnered the highest monthly revenue of the year, amassing $ 1.51 billion. Additionally, this month marked a record in fee collection, with miners securing $ 324.83 million in onchain transaction fees. Bitcoin Miners Smash Records — Highest Monthly Haul of $ 1.51 Billion in December 2023 December 2023 …
Elon Musk’s Ripple Effect: Cogwise Predicts a $95 Million Revenue Loss for X and Its Impact on the Stock Price
This Sponsored Story is written by Cogwise. As the fallout from Elon Musk’s bold statement continues to reverberate across the business landscape, one crucial question looms: How will the predicted $ 95 million revenue loss for X translate into tangible effects on its stock price? Cogwise’s insightful forecasting extends beyond revenue predictions, delving into …
Bitcoin Miners’ November Revenue Peaks at $1.16 Billion, Setting 2023 Record
November marked a significant milestone in the 2023 revenue generated by bitcoin miners, reaching a peak of $ 1.16 billion. This month not only stood out in terms of total earnings but also set a record for the highest monthly fees collected by miners within the year. Bitcoin Mining Fees Soar to Yearly High …