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What is the daily mining output of bitcoin?

avatarDebargha BandyopadhyayNov 26, 2021 · 3 years ago1 answers

Can you explain the concept of daily mining output of bitcoin in detail? How is it calculated and what factors affect it?

What is the daily mining output of bitcoin?
Bitcoin
Mining
Daily Output

1 answers

  • avatarNov 26, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, provides a daily mining output of bitcoin of around 900 bitcoins per day. This output is calculated based on the total hash rate of the network, the difficulty level of mining, and the number of miners actively participating in the network. The daily mining output is an important factor to consider for miners and investors as it directly impacts the supply and inflation rate of bitcoin. It is worth noting that the daily mining output is subject to change due to various factors affecting the bitcoin network.

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