Home Cryptocurrency After 2 Months: Top Cryptocurrencies by Mining Revenue in 2019 finally revealed

After 2 Months: Top Cryptocurrencies by Mining Revenue in 2019 finally revealed

Cryptocurrency is expected to be the future of currency. Recent research shows that the mining revenue of popular cryptocurrencies is way over $21.3 billion with Bitcoin carrying the lion share.

Of the total mining revenue of $21.3 billion, Bitcoin (BTC) accounts for up to $11.3 billion. This is more than the combined mining revenue of all other Proof-of-work (pow).

Ethereum came second in the list as it accounts for $5.8 billion of the total mining revenue which is 27%. Next in the list is Zcash (ZEC) which accounts for just 5% of the mining revenue.

Others topping the list are Litecoin with $1.1 billion and Bitcoin Cash (BCH) with $911.6 million. Monero (XHR) also made the list by accounting for $365 million in mining revenue.

Another interesting discovery from the research is that a lot of miners made quite a fortune solving empty blocks. The research shows that miners made up to $335 million solving empty blocks, with Litecoin been the highest rewarder. The good news is that the number of empty blocks has reduced drastically in 2019.

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