The price of bitcoin has been rising significantly over the past couple of weeks. The main reason for this is the increasing adoption of Bitcoin as a store of value by big investors and companies. The biggest news regarding adoption is Tesla that bought $1,5 billion in bitcoin! The EV manufacturer profited $1 billion from its investment already.
Due to the rising bitcoin price, bitcoin miner revenues are also rising. At the end of February, miners scooped in almost $60 million per day. Keep a close eye on the bitcoin mining market as the market keeps on growing!