Summary
- Bitcoin mining revenue has been revealed to be nearing 2 trillion won this month, indicating a positive growth trend in the mining market.
- Most of the Bitcoin mining revenue came from block rewards, and fee revenue is also showing a continuous upward trend.
- Blockchain media evaluated that computing power and stable market demand will sustain the growth of the mining industry.
This month, Bitcoin (BTC) mining revenue has approached 2 trillion won.
According to The Block on the 30th, Bitcoin miners' revenue for December was recorded at 1.33 billion dollars (approximately 2 trillion won). This is an increase of nearly 10% compared to last month's total revenue of 1.21 billion dollars.
Specifically, out of the December revenue for Bitcoin miners, 1.29 billion dollars came from block rewards, and about 38 million dollars came from fees. Considering that December has not yet ended, it is expected that this month's fee revenue for Bitcoin miners will surpass last month's revenue (about 39 million dollars).
In this regard, the blockchain specialist media Bitcoin.com stated, "(The mining industry) will continue to grow thanks to steadily increasing computing power and stable market demand," adding, "There may be occasional decreases in revenue, but the growth momentum remains strong."
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul
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