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BTC miners pocket $4M in 60 minutes, the highest hourly revenue in Bitcoin’s history By Cointelegraph

BTC miners pocket $4M in 60 minutes, the highest hourly revenue in Bitcoin’s history

According to data from Glassnode, (BTC) miners made over $4 million in just under an hour on Feb. 12, making it the biggest hourly revenue in history.

In May 2020, Bitcoin underwent the third block reward halving in its history, cutting the amount of new Bitcoin mined in half.

Bitcoin hash rate and difficulty. Source: Digital Assets Data
Bitcoin hourly miner revenue. Source: Glassnode
Bitcoin stock-to-flow model. Source: PlanB