Bitcoin

Million

Rewards

Daily

Coin

<ul class="news-points"> 
 <li>Bitcoin miners earned an annual daily high of $44 million on November 12 from block and transaction rewards.&nbsp;</li> 
 <li>Blockchain.com data shows bitcoin mining rewards which had previously dropped, have recently spiked.&nbsp;</li> 
 <li>The rise comes following a Bitcoin upward surge that started last month.&nbsp;</li> 
</ul> 
The Bitcoin mining community is exhilarated as daily rewards for Bitcoin mining reached its highest level seen this year. This surge follows a rise in Bitcoin’s price increase that started last month. 
Notably, <a href="https://www.blockchain.com/explorer/charts/miners-revenue" target="_blank" rel="nofollow">data</a> from blockchain.com shows mining rewards on November 12 peaked at over $44 million. According to the data, the recent feat surpasses the previous annual high reached in April and underlines a resurgence in Bitcoin mining rewards. 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/l1SzyUcu0AJvgovrXf1e2FUGW9H_5yYZmArQqleL1lchxfU_UAURZ8kFvgKh2-7tWs6g1skzf0-x9CySvVbp-5h_xQGSlXaNpbcmU3QcIKF87ZV7aWOp15x9dejzln9RnV1ACWQ7y4lffR-NZDp2I1M" alt="">
 <figcaption class="wp-element-caption">
 Bitcoin mining revenue annual chart. Source: <a href="https://www.blockchain.com/explorer/charts/miners-revenue" target="_blank" rel="nofollow">blockchain.com</a>&nbsp;
 </figcaption>
</figure> 
The uptick comes as Bitcoin also hit a new annual high of over $37k per token. It bears mentioning that Bitcoin miners receive 6.25 BTC for each successful block they create. However, that number is expected to be slashed in half by next year.&nbsp; 
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The post <a href="https://coinedition.com/bitcoin-mining-rewards-hit-an-annual-daily-high-of-44-million/">Bitcoin Mining Rewards Hit an Annual Daily High of $44 Million</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Bitcoin Mining Rewards Hit an Annual Daily High of $44 Million

Coin Edition

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