{"id":75951,"date":"2023-03-21T18:47:08","date_gmt":"2023-03-21T16:47:08","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=75951"},"modified":"2025-09-10T14:35:07","modified_gmt":"2025-09-10T11:35:07","slug":"bitcoin-miners-revenue-over-the-decade-up-37","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitcoin-miners-revenue-over-the-decade-up-37\/","title":{"rendered":"Bitcoin miners’ revenue over the decade up 37%"},"content":{"rendered":"

Bitcoin rally<\/a> has pushed hashprice<\/span> up by more than 37%, thereby lifting miners’ revenue.<\/p>\n

According to Hashrate Index<\/a>, since March 11 the metric has risen from $0.061 per TH\/s per day to $0.083.<\/p>\n

\"\u0414\u043e\u0445\u043e\u0434
Data: Hashrate Index.<\/figcaption><\/figure>\n
\n

For us, this is simply pure profit. When you look at the rise in Bitcoin’s price, it’s effectively about $200,000 in additional daily cash flow, assuming the mining output during this period is around 20 BTC, as we have,” commented Matthew Schultz, executive chairman of CleanSpark, to The Block.<\/p>\n<\/blockquote>\n

Another factor contributing to the hashprice rise was the decline in electricity tariffs this year.<\/p>\n

\n

\u201cThe market has really helped us. Electricity prices have fallen sharply. And when you are mining Bitcoin, that is the main cost item,\u201d said a representative of Core Scientific.<\/p>\n<\/blockquote>\n

According to Glassnode<\/a>, since the start of the year the hashrate of the first cryptocurrency (seven-day moving average) rose from 254 EH\/s to 321 EH\/s \u2014 about 26%.<\/p>\n

\"\u0414\u043e\u0445\u043e\u0434
Data: Glassnode.<\/figcaption><\/figure>\n

According to Schultz, the company’s specialists believe the rise roughly aligns with the pace at which the already acquired equipment is being deployed.<\/p>\n

According to various estimates, mining difficulty, correlated with hashrate, at the next adjustment around March 23 will rise by 2-4%. This will be the third consecutive increase<\/a> that hurts Bitcoin mining profitability.<\/p>\n

As ForkLog notes, in February the aggregate revenue of digital gold miners $627.4 million<\/a>, up 4% from January, according to analytical report<\/a> ForkLog.<\/p>\n","protected":false},"excerpt":{"rendered":"

Bitcoin rally has driven hashprice up by more than 37%, boosting miners’ revenues.<\/p>\n","protected":false},"author":1,"featured_media":75952,"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-75951","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-mining"],"aioseo_notices":[],"amp_enabled":true,"views":"16","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/75951","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=75951"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/75951\/revisions"}],"predecessor-version":[{"id":75953,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/75951\/revisions\/75953"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/75952"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=75951"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=75951"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=75951"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}