In February 2019, the income of miners was 195 million dollars, and a month earlier this figure exceeded 210 million dollars. And this is not to mention the record high in December 2017, when the total income from mining reached 951 million dollars. To stay afloat, miners had to go to drastic measures. Someone transferred farms in the region with cheap electricity, others diversified and leased computing facilities.
As the Cointelegraph wrote earlier, in the last two months of 2018, most miners generally worked at a loss. The sudden fall in prices in cryptocurrency markets in mid-November provoked chaos. In this case, the mining community of China even predicted a possible collapse in network performance.
However, in January 2019, the situation began to normalize and entrepreneurs gradually recovered from unforeseen losses. The source also confirms that the margin of Antminer S9 users from Bitmain is gradually increasing.
The income of miners
