Sk Fintech Hub has estimated how much Russian miners will earn in 2022. Mining is becoming an increasingly popular way to earn money even though the capitalization of cryptocurrencies has tripled from $3 trillion to $1 trillion. dollars, in the last eight months, emphasized the experts.
An expert assessment on the final income of Russian miners for the current year was shared with RB on the Sk Fintech Hub.
Given this preliminary data, the total income of miners of all cryptocurrencies in Russia could be $626 million for the first half of 2022. The income for all of 2022 will be approximately $964 million, almost half of the income of the Bitcoin mining will be 410 million dollars.
“According to experts, in 2022, miners will receive 328.5 thousand bitcoins as a reward, which will amount to $9 billion per year at an average annual rate of $27.5 thousand per bitcoin. Russian miners will be able to obtain about 15 thousand bitcoins and earn more than $410 million during the whole of 2022”, Sk Fintech Hub explained.
In Russia, bitcoin is mined by more than 300 thousand people, according to the BitRiver mining farm.
"Russia is losing its leading position in terms of mining, in a few months Russia's share of the total bitcoin network hashrate has dropped 2.5 times, and the bitcoin rate has dropped by 57% in 3 months," said Pavel Novikov, director of the Sk Fintech Hub.
The United States accounts for 37.8% of the global hashrate on the bitcoin network, China - 21.1%, Kazakhstan - 13.2%, Russia - 4.6%, the analysts cited data.
Author:
Kirill Bilyk
Source: RB
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