2021 has been a momentous year in the cryptocurrency market, particularly for Bitcoin [BTC] miners whose revenues turned lucrative. The flagship asset has witnessed two major bull runs this year. After September losses, it has renewed its uptrend. And that has reflected in miners’ earnings. Despite the halving event that occurs every four years, BTC […]
btc halving
Bitcoin Halving: 3rd Halving Sees BTC Record an all-time High Hash Rate
On Monday, May 12th, the much-anticipated bitcoin halving event happened, lowering the rate at which fresh BTC coins are created. Monday’s adjustment reduced the rewards given to BTC miners from 12.5 BTC per block mined, to 6.25 BTC. Bitcoin recorded an all-time high hash rate on its third halving day. According to data by TradeBlocks.com, […]