{"id":75036,"date":"2023-03-04T14:16:03","date_gmt":"2023-03-04T12:16:03","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=75036"},"modified":"2025-09-10T03:12:29","modified_gmt":"2025-09-10T00:12:29","slug":"bitcoin-miner-revenue-rose-4-in-february","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitcoin-miner-revenue-rose-4-in-february\/","title":{"rendered":"Bitcoin miner revenue rose 4% in February"},"content":{"rendered":"

Total revenue of Bitcoin miners in February amounted to $627.4 million. The figure rose by 4% from January, according to analytical report<\/a> ForkLog.<\/p>\n

111-42
Bitcoin miner revenues by month, in $ millions. Data: Glassnode.<\/figcaption><\/figure>\n

Average Bitcoin transaction fee in February rose 22%\u2014from $1.49 to $1.82. Over the same period the corresponding Ethereum metric fell 7.2%\u2014from $5 to $4.64.<\/p>\n

The share of fees in revenue rose to 2.28% (1.38% in January).<\/p>\n

222-35
Dynamics of the average BTC- and ETH-transaction fees. Data: Coin Metrics.<\/figcaption><\/figure>\n

As the market gradually recovered, Bitcoin’s hashrate in February rose by 6.73%, hitting an all-time high of 319.4 EH\/s.<\/p>\n

The steadily rising trend signals industry participants’ confidence in the long-term prospects of Bitcoin and mining in particular.<\/p>\n

333-20
Bitcoin hashrate dynamics, EH\/s. Data: Glassnode.<\/figcaption><\/figure>\n

Hashrate-related mining difficulty again hit an all-time high at 43.05 T. As a result of the latest retargeting, the metric rose by 9.95%.<\/p>\n

444-8
Bitcoin mining difficulty. Data: Coin Metrics.<\/figcaption><\/figure>\n

Despite rising difficulty, hashprice<\/span> of Bitcoin continued to recover \u2014 in mid-February the indicator reached $0.079. This aligns with levels seen at the start of October 2022, preceding the market crash caused by the FTX collapse<\/a>.<\/p>\n

555-4
Dynamics of the hashprice indicator. Data: Hashrate Index.<\/figcaption><\/figure>\n

The largest pool share \u2014 Foundry USA \u2014 reached a third of Bitcoin’s total hashrate (33.3%). AntPool’s share fell from 19.7% to 17.9% over the month, and Poolin from 2.3% to 1.7%.<\/p>\n

Earlier, the mining company Riot reported revenue of $259 million for 2022. The Bitcoin miner produced 5,554 BTC \u2014 46% more than in 2021.<\/p>\n

Earlier, MicroBT created a modular water-cooled system for mining digital gold.<\/p>\n","protected":false},"excerpt":{"rendered":"

Total revenue of Bitcoin miners in February amounted to $627.4 million. The figure rose by 4% from January, according to ForkLog’s analytical report.<\/p>\n","protected":false},"author":1,"featured_media":75037,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1137],"class_list":["post-75036","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-mining"],"aioseo_notices":[],"amp_enabled":true,"views":"17","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/75036","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=75036"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/75036\/revisions"}],"predecessor-version":[{"id":75038,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/75036\/revisions\/75038"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/75037"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=75036"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=75036"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=75036"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}