Bitcoin miners earned in April $1.7 billion – Bits Media

If for Ethereum miners, each of the last months is marked by a record profit, then for bitcoin miners April was a plateau - their profit showed a slight decline to $1.7 billion.

In March, bitcoin miners received
$1.75 billion in profits, and for April they earned $ 50 million less. Wherein, if consider, what in april 30 days, and in March 31, then the figure turns out to be almost the same.

It was in April that the first cryptocurrency rate exceeded $ 60,000. Interesting, that in April the share of profit from transaction fees increased significantly. If in March the indicator did not exceed 10% ($167.2 million), then in April the miners received $247 million from commissions, what is 14.51% from the total profit. This is the highest score since the beginning. 2018 of the year.

In recent months, the alignment of forces in the mining industry has been in the process of change - companies from Canada and the USA invest more and more money in the purchase of equipment, and China begins to gradually give in to the leadership. It's about regulatory uncertainty in the Middle Kingdom, eg, Beijing authorities recently began to investigate the impact of miners on electricity consumption in the city.

In mid-April, China's Xinjiang Province experienced power outages. A significant number of mining farms also fell under the shutdown, in this connection, the hashrate of the Bitcoin network has significantly decreased.