Profitable Crypto Mining Statistics

In this post, we explore a comprehensive overview of the current landscape of profitable crypto mining, backed by a range of intriguing statistics and insights. From the soaring hash rates to shifting market dominance and energy consumption trends, the world of cryptocurrency mining is as dynamic as ever. Whether you’re a seasoned miner or a curious observer, join us as we navigate through the key metrics shaping the crypto mining industry today. The data presented sheds light on the profitability, sustainability, and future outlook of this evolving sector.

Statistic 1

"The Bitcoin network overall hash rate reached an all-time high of around 171.2 exahashes per second in May 2021."

Statistic 2

"Ethereum mining profitability in November 2021 is approximately $1.81 per 1 MHash/s."

Statistic 3

"The average Bitcoin mining profitability is around $0.28 per day for 1 THash/s as of November 2021."

Statistic 4

"Approx. 900 new Bitcoins are being mined per day."

Statistic 5

"China dominated the global crypto mining market by 65% before the country's 2021 crackdown on it."

Statistic 6

"By October 2021, the United States represented 35.4% of the total global crypto mining market."

Statistic 7

"The University of Cambridge estimates that the annual energy consumption of Bitcoin mining globally is around 121.36 TWh."

Statistic 8

"Nearly 39% of crypto mining's total energy consumption is powered by renewable energy."

Statistic 9

"Ethereum's mining revenue exceeded Bitcoin's for the first time in August 2021."

Statistic 10

"RTX 3090, a popular graphics card for mining, can earn up to 4.02 USD per day after electricity costs as of November 2021."

Statistic 11

"Antminer S19 Pro, a Bitcoin mining machine, can generate around 29 USD per day as of November 2021."

Statistic 12

"Over 18.8 million Bitcoins, representing around 89.5% of the total possible supply, have been mined up to date."

Statistic 13

"Crypto miners in Kazakhstan account for more than 8% of the global Bitcoin mining share as of September 2021."

Statistic 14

"With an industry average of $0.12 per KWh, the daily energy costs of Bitcoin mining are estimated to be $46,586,027.08 in 2021."

Statistic 15

"An average Ethereum transaction will generate about $100 in miner revenue as of November 2021."

Statistic 16

"More than 67% of Ethereum has already been mined as of December 2021."

Statistic 17

"The Antminer S19J Pro has an energy efficiency rate of 29.5±%5 J/TH, one of the best among Bitcoin mining machines."

Statistic 18

"It Is estimated that Bitcoin miners will mine the last Bitcoin in 2140."

Statistic 19

"Ethereum gas fees increased by over 2000% throughout 2021."

Statistic 20

"As of December 2021, less than 2% (13,700 out of 1 million) of active Ethereum mining addresses are profitable."

In conclusion, the cryptocurrency mining industry is a dynamic and rapidly evolving field characterized by various key statistics. From the record-breaking hash rates to shifting global market shares, energy consumption concerns, and revenue generation estimates, the data paints a complex picture of the crypto mining landscape. The statistics indicate significant changes in profitability, market dominance, energy consumption, and technological advancements within the industry. As the landscape continues to shift, it is crucial for miners and stakeholders to stay informed and adapt to ensure sustainable and profitable operations in the ever-changing world of crypto mining.