They Made $ 692 Million In One Month - Bitcoin miners had one hell of a Christmas!

Well Satisfied Miners - The price of Bitcoin has experienced a meteoric rise for several months, which has led it to beat its ATH several times. As euphoria grips the markets, miners aren't to be pitied either!

Huge 9-figure revenues

In December, Bitcoin miners recorded mining revenues that had not been achieved since the 2017 bull run.

They collected $ 692 million in revenue, of which about 10%, or $ 68.3 million, came from transaction fees.

Practically, miners' incomes peaked in December 2017, with $ 1.25 billion recorded. A trend that extended to January 2018 with 1.02 billion.

Luckily for users, the Bitcoin network is currently not experiencing such a dramatic increase in transaction fees as it was in 2017.

However, the latter have nonetheless experienced an increase, from an average of around 5 dollars to almost 10. A value that is still far from the 55 dollars reached in January 2018.

New income records for minors, of course. But unfortunately, an increase in fees could be recorded in the coming months if the market continues on its uptrend.