<p><span style="font-weight: 400;">After falling consecutively since October, bitcoin mining revenues had a month-over-month increase of 14%.</span></p> <p><span style="font-weight: 400;">Bitcoin miners brought in a total of $1.21 billion in revenue in March, according to data compiled on The Block's Data Dashboard. Mining revenue came in at $1.06 billion in February. </span></p> <p><iframe frameborder="0" height="420" src="https://embed.theblockcrypto.com/data/on-chain-metrics/bitcoin/bitcoin-miner-revenue-monthly/embed" title="Bitcoin Miner Revenue (Monthly)" width="100%"></iframe></p> <p><span style="font-weight: 400;">Most of that revenue came from the block subsidy ($1.19 billion) and only a small portion from transaction fees ($15.26 million).</span></p> <p><span style="font-weight: 400;">Total revenues have declined from $1.72 billion in October. They hit an all-time high in March 2021, with a total of $1.75 billion.</span></p> <p><em>For more must-read figures from around the digital asset space, read the <a href="https://www.theblockresearch.com/march-by-the-numbers-2-140124?utm_source=rss&amp;utm_medium=rss">March by-the-numbers breakdown</a> by The Block Research's Lars Hoffmann (Research subscription required).</em></p>