Cryptocurrency Q&A
Is it profitable to mine bitcoin in 2024?
Is it profitable to mine bitcoin in 2024?
Sara
Tue Dec 24 2024
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6 answers
1254
I'm wondering if mining Bitcoin would still be profitable in 2024, considering the changing landscape of cryptocurrency, advancements in mining technology, and the fluctuating value of bitcoin.
6 answers
Ilaria
Wed Dec 25 2024
However, by June 2024, the daily revenues of miners had skyrocketed to 36 million USD.
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Tommaso
Wed Dec 25 2024
On June 4, 2024, the Bitcoin mining industry witnessed a significant change in the remuneration for miners per transaction.
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BusanBeautyBloomingStarShine
Wed Dec 25 2024
This substantial growth indicated a thriving and expanding market for Bitcoin mining.
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Raffaele
Wed Dec 25 2024
Miners were earning between 5 and 10 USD for each transaction they processed. This represented a notable increase compared to previous periods.
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GwanghwamunGuardian
Wed Dec 25 2024
To provide some context, in December 2022, the total daily revenues of miners amounted to 9.8 million USD.
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