November 8, 2024

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Bitcoin miners earned $44M in a day to record annual all-time high

1 min read
Bitcoin miners earned M in a day to record annual all-time high

The Bitcoin (

Alongside Bitcoin mining companies and individual miners, numerous countries actively participate in securing the Bitcoin network via mining.

Recently, Cointelegraph reported that the landlocked Asian country of Bhutan has been actively mining Bitcoin with hydropower since the BTC price was $5,000 in April 2019.

The kingdom has reportedly explored partnerships to expand its mining operations further. Notably, it is negotiating with Nasdaq-listed mining company Bitdeer to secure 100 megawatts of power for a Bitcoin mining data center in Bhutan. This partnership would increase Bitdeer’s mining capacity by about 12%.

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