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Cryptocurrencies

“Dogecoin Miners Revenue Up 4,500% This Year”

  • The price of dogecoin has rallied by 7,000% this year, sending miner revenue skywards.
  • The meme-based cryptocurrency reached a record high of 45 cents on April 18 and was last seen changing hands near 32 cents, up nearly 20% rise on a 24-hour basis.
  • Data provided by Coin Metrics shows a 60-fold increase in daily transaction fees this year alongside several brief spikes in the number of daily transactions.
  • However, transaction fees brought in just $23,200 or 0.64% of the total miner revenue of $3.6 million on April 26…”

https://www.coindesk.com/dogecoin-miners-revenue-up-4500-this-year

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