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Glassnode: Bitcoin Miners Expect Net Profits of Over 5 Million Under Current Market Conditions

Usdz
2023-06-04 22:50:34

Glassnode posted a Twitter feed saying that bitcoin miners remain profitable in current market conditions, earning $24.1 million in revenue from block subsidies and transaction fees, with estimated output costs of $19.1 million and a net profit of more than $5 million.



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