I Just Read “Bitcoin miners raked in more than $1 billion in combined earnings last month. Here’s how they make money.”

It has been an interesting year for Bitcoin.

Bitcoin miners raked in more than $1 billion in combined earnings last month. Here’s how they make money.

Bitcoin mining is the process that allows new coins to enter circulation, adding to the crypto ecosystem. Miners receive bitcoin as a reward for verifying “blocks” of transactions on the blockchain. Last month, they earned more than $1 billion in combined earnings. Here’s how they do it.