Make Way for the King
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Jackpot! Amid Bitcoin’s massive price correction, Bitcoin miner incomes denominated in USD have hit an all-time high. The miner revenue is observed to achieve incremental growth notwithstanding the third halving in May 2020. Since the costs of mining are generally denominated in fiat currency, the increasing miner revenue in USD is instrumental in guaranteeing the continued security and longevity of the Bitcoin protocol.