{"id":2348,"date":"2024-01-23T11:31:04","date_gmt":"2024-01-23T09:31:04","guid":{"rendered":"https:\/\/ch.jfdi.cc\/?p=2348"},"modified":"2024-01-23T11:31:04","modified_gmt":"2024-01-23T09:31:04","slug":"december-was-most-lucrative-month-for-crypto-miners","status":"publish","type":"post","link":"https:\/\/ch.jfdi.cc\/?p=2348","title":{"rendered":"December was most lucrative month for crypto miners"},"content":{"rendered":"<p>December saw an impressive total revenue for crypto miners of $1.6 billion, marking a remarkable 38% increase in revenue compared to the preceding month of November, according to\u00a0Stocklytics.com.<\/p>\n<p>\u201cNotably, December 2023 has now set a new milestone in monthly revenue for Bitcoin miners,\u201d said the site\u2019s financial analyst, Edith Reads.<\/p>\n<p>\u201cWithin this stellar performance, the onchain transaction rates for the month reveal an impressive trajectory with an average fee of 231 satoshis per virtual byte (sats\/vB) or $20.86 per transaction.<\/p>\n<p>\u201cAs we reflect on this remarkable feat, it illuminates the evolving economic landscape of blockchain technologies and the enduring potential within the crypto mining sector.\u201d<\/p>\n<h4>Remarkable revenue<\/h4>\n<p>The Stocklytics Financial analyst added that after setting a remarkable revenue record of $1.16 billion in November, December has now become the new benchmark to surpass with $1.6 billion.<\/p>\n<p>\u201cThe gains primarily stem from block discovery and transaction verification fees, with on-chain transaction fees contributing over $324 million,\u201d she concluded.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-81837\" src=\"https:\/\/www.financialmirror.com\/wp-content\/uploads\/2024\/01\/stocklytics-crypto-mining-2023.jpg\" alt width=\"781\" height=\"756\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In December, crypto miners generated a total revenue of .6 billion, which was a 38% increase compared to November. This marked a new milestone in monthly revenue for Bitcoin miners. The revenue gains primarily came from block discovery and transaction verification fees, with on-chain transaction fees contributing over 4 million.<\/p>\n","protected":false},"author":4,"featured_media":2349,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"Default","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[77,80,565,34,566,18],"class_list":["post-2348","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cyprus","tag-bitcoin","tag-crypto","tag-crypto-mining","tag-markets","tag-stocklytics","tag-world"],"acf":{"keyphrase":"","keywords":"","sourceimg":"","country-category":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>December was most lucrative month for crypto miners<\/title>\n<meta name=\"description\" content=\"cryptocurrency mining. crypto miners, revenue increase, 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