Bitcoin miner revenue hits $1.16 billion in November

Bitcoin miners' revenue reached $1.16 billion in November, a new high for the year. That number surpasses the peak reached in May 2023, when total revenue was $919.22 million, including $125.92 million in fees. In addition, the number of Bitcoin transactions processed in November increased slightly from May, with 16.42 million transactions in November, slightly higher than the 16.3 million transactions in May.