{"id":32747,"date":"2020-12-03T09:45:53","date_gmt":"2020-12-03T07:45:53","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=32747"},"modified":"2025-08-28T10:15:42","modified_gmt":"2025-08-28T07:15:42","slug":"bitcoin-mining-revenues-reach-521-million-in-november","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitcoin-mining-revenues-reach-521-million-in-november\/","title":{"rendered":"Bitcoin-mining revenues reach $521 million in November"},"content":{"rendered":"<p>Bitcoin mining revenues in November amounted to about $521 million. This is nearly 48% higher than October&#8217;s figure, according to data from <a href=\\\"https:\/\/www.theblockcrypto.com\/linked\/86455\/bitcoin-miner-revenue-november?utm_source=rss&#038;utm_medium=rss\\\" target=\\\"_blank\\\" rel=\\\"noopener noreferrer\\\">The Block<\/a>.<!--more--><\/p>\n<div id=\\\"attachment_118491\\\" style=\\\"width: 750px\\\" class=\\\"wp-caption alignnone\\\"><img loading=\\\"lazy\\\" decoding=\\\"async\\\" aria-describedby=\\\"caption-attachment-118491\\\" class=\\\"wp-image-118491 size-full\\\" src=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/Untitled-1-4.png\\\" alt=\\\"\u0414\u043e\u0445\u043e\u0434\u044b \u0431\u0438\u0442\u043a\u043e\u0438\u043d-\u043c\u0430\u0439\u043d\u0435\u0440\u043e\u0432 \u0432 \u043d\u043e\u044f\u0431\u0440\u0435 \u043f\u0440\u0435\u0432\u044b\u0441\u0438\u043b\u0438 $500 \u043c\u043b\u043d\\\" width=\\\"740\\\" height=\\\"392\\\" srcset=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/Untitled-1-4.png 740w, https:\/\/u1f987.com\/wp-content\/uploads\/Untitled-1-4-300x159.png 300w\\\" sizes=\\\"auto, (max-width: 740px) 100vw, 740px\\\" \/><\/p>\n<p id=\\\"caption-attachment-118491\\\" class=\\\"wp-caption-text\\\">Mining revenues by month. Source: The Block Research.<\/p>\n<\/div>\n<p>Last month, total miner revenue reached $352.57 million.<\/p>\n<p>Of the $521 million earned in November, nearly $55 million came from transaction fees. This is the highest figure since January 2018.<\/p>\n<p>On 18 November, the miners&#8217; daily revenue <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-miners-revenue-hits-year-to-date-high\">stood at<\/a> a record value since the start of the year \u2014 $21.19 million, according to Blockchain.com. Analysts at Glassnode noted that the figure has returned to levels observed before the halving.<\/p>\n<div id=\\\"attachment_118492\\\" style=\\\"width: 882px\\\" class=\\\"wp-caption alignnone\\\"><img loading=\\\"lazy\\\" decoding=\\\"async\\\" aria-describedby=\\\"caption-attachment-118492\\\" class=\\\"wp-image-118492 size-full\\\" src=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/Untitled-2-3.png\\\" alt=\\\"\u0414\u043e\u0445\u043e\u0434\u044b \u0431\u0438\u0442\u043a\u043e\u0438\u043d-\u043c\u0430\u0439\u043d\u0435\u0440\u043e\u0432 \u0432 \u043d\u043e\u044f\u0431\u0440\u0435 \u043f\u0440\u0435\u0432\u044b\u0441\u0438\u043b\u0438 $500 \u043c\u043b\u043d\\\" width=\\\"872\\\" height=\\\"510\\\" srcset=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/Untitled-2-3.png 872w, https:\/\/u1f987.com\/wp-content\/uploads\/Untitled-2-3-300x175.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Untitled-2-3-768x449.png 768w\\\" sizes=\\\"auto, (max-width: 872px) 100vw, 872px\\\" \/><\/p>\n<p id=\\\"caption-attachment-118492\\\" class=\\\"wp-caption-text\\\">Daily miner revenue. Source: Blockchain.com.<\/p>\n<\/div>\n<p>Earlier in November, <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-network-records-largest-difficulty-drop-since-2011\">the largest drop in Bitcoin mining difficulty since 2011 occurred<\/a> \u2014 the value fell from the previous record of 20 T to 16.79 T.<\/p>\n<p>Two subsequent recalculations brought it back close to its previous level, and it now stands at 19.16 T.<\/p>\n<p>Subscribe to ForkLog news on Telegram: <a href=\\\"https:\/\/t.me\/forklogfeed\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener noreferrer\\\">ForkLog Feed<\/a> \u2014 the full news feed, <a href=\\\"https:\/\/telegram.me\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener noreferrer\\\">ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin mining revenues in November were about $521 million. This is nearly 48% higher than October&#8217;s figure, according to The Block.<\/p>\n","protected":false},"author":1,"featured_media":32748,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1137],"class_list":["post-32747","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-mining"],"aioseo_notices":[],"amp_enabled":true,"views":"22","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/32747","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=32747"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/32747\/revisions"}],"predecessor-version":[{"id":32749,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/32747\/revisions\/32749"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/32748"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=32747"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=32747"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=32747"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}