In February, bitcoin miners discovered a total of 4,446 blocks, amassing earnings of $1.39 billion, with $71 million of this sum coming from onchain transaction fees. The revenue from bitcoin mining in February rose by $40 million compared to January, though the amount collected from fees saw a decrease this month.
Bitcoin’s Hash Price Breaks $100
In February, Foundry USA led the way by mining 1,334 blocks, accounting for 30.06% of the total, while Antpool secured 1,152 blocks, representing 25.96%. The month saw participation from 47 to 53 mining pools, all contributing SHA256 hashrate to the BTC chain. The rise in BTC prices by 47% within 30 days significantly boosted miners’ revenue for February, allowing them to collect $1.39 billion, which is $40 million more than the $1.35 billion logged in January.
