#37 Is Bitcoin mining a billion dollar industry?

#37 Is Bitcoin mining a billion dollar industry?

Source Node: 2011097

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This is the thirty-seventh installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast.

Contents

00:00 Intro

00:42 Trailing-12 month revenue: Fees

01:02 Trailing-12 month revenue: Issuance

01:33 Issuance component % of total revenue

07:48 How does this compare to more established industries?

Dissecting the total issuance (block reward), PLUS network fees, paid to miners on the Bitcoin network over a rolling 365-day basis; in other words, total mining revenue (annualized). Similar to my last video, but now this is in USD (US-dollar) terms!

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