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Bitcoin Mining Revenue Tops $900 Million in May, Up 13.7% YoY

Bitcoin Mining Revenue Tops $900 Million in May, Up 13.7% YoY

2023/06/02 03:32

Bitcoin mining revenue reached $916.6 million in May, up 13.7 percent sequentially, according to The Block. Driven by the Bitcoin NFT protocol Ordinal, revenue from miner transactions surged to more than $120 million. At the same time, the number of bitcoin transactions increased to 16.9 million.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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