
Post-Bitcoin Halving, Miner Operations Stabilize with Projected Total Revenue of Approximately $3.6 Billion in Q1 2025
Post-Bitcoin Halving, Miner Operations Stabilize with Projected Total Revenue of Approximately $3.6 Billion in Q1 2025
According to Coin Metrics’ Data
In the fourth quarter of 2024, Bitcoin (BTC) mining revenue reached $3.7 billion, marking a 42% increase from the previous quarter, and is projected to approach $3.6 billion in the first quarter of 2025. This revenue growth indicates that after the Bitcoin network’s “halving” in April 2024, which reduced the mining reward from 6.25 BTC to 3.125 BTC, miners’ income is stabilizing.
Bitcoin Momentum Slows! Leverage Risks Mount as Market Eyes Key Support at $110,000
On-Chain Analysis Company Glassnode ReportsOn-chain analysis company Glassnode noted in it…