RATE Group | Cryptocurrency News Today – Headlines for October 31
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Cryptocurrency News Today – Headlines for October 31

01 Nov Cryptocurrency News Today – Headlines for October 31

Posted at 03:27h in Cryptocurrency News by

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  • Bitcoin whitepaper clocks 11 years today, October 31, 2019
  • Since the inception of Bitcoin, miners have generated revenue of about $15 billion
  • Bitcoin transfers more wealth with less transaction fees

Cryptocurrency News Today – Bitcoin just hit a major milestone. The whitepaper of Bitcoin (BTC) is 11 years old today. This means that the creator of Bitcoin – Satoshi Nakamoto – published the first document with details about the decentralized ledger and money system. According to a recent announcement, Bitcoin (BTC) miners have made about $15B securing the network as of the middle of this month.

Bitcoin Miners Have Received Aggregated Revenue of about $15 Billion since Its Inception

According to data released on October 15 by Coin Metrics – a crypto monitoring and statistics platform – since Bitcoin came into existence in 2009, miners on the network has made an aggregated revenue of about $15 billion. The figure is known as the thermocap, and it includes both transaction fees and…

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