Bitcoin miners earned $184 million in the second quarter of 2023

Bitcoin miners earned a total of $184 million in fees in the second quarter of 2023. That's more than the entire year 2022!

This news shows that Bitcoin mining continues to be a lucrative activity, despite the rising costs of mining due to volatility in cryptocurrency markets and increasing regulatory pressure.

Bitcoin miners' fees come from transaction fees and newly mined Bitcoins.

The profitability of Bitcoin mining is an important indicator for the cryptocurrency industry as a whole, as miners are an essential part of the Bitcoin network.

Miners are responsible for authenticating transactions and adding blocks to the Bitcoin blockchain, which enables the Bitcoin network to function.