Bitcoin miner earnings hit all-time highs last week as the price for the largest cryptocurrency continues to trade around record levels.
Bitcoin miners earn money in the form of new coins awarded to them for validating and adding transactions to the blockchain network, as well as from fees paid to them by users.The token set a record high of almost $72,881 on Monday and changed hands at $72,668, as of 11:31 a.m. in Singapore on Tuesday.
Bitcoin’s upcoming halving in April, which will cut miner rewards in half and decrease the coin’s supply growth, has also encouraged wagers on rising prices.
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