Bitcoin miners managed to increase their daily income to a record $52.3 million in mid-March. In February, the 2017 record for weekly earnings was broken, when miners earned $354.4 million in seven days from mining the cryptocurrency.
Miners’ profits are increasing amid rising cryptocurrency prices. The cost of the main digital coin on March 13th updated the historical maximum, exceeding the mark of $ 60 thousand. Since the beginning of the year bitcoin rose in price by 93% and on March 17th, according to TradingView, is trading at $ 55.2 thousand. Over the past three months, altcoins such as Ethereum have also increased in price. Its value for 2021 increased by 141% (from $0.73k to $1.76k per coin).
In February, the demand for video cards in the country increased by an average of 2.6 times, while the interest in ready-made mining farms became 3.8 times more frequent than a year before. Despite the sharp increase in interest in video cards, the supply of them for sale increased by only 18%.