Miners Have Produced 800,000 Blocks on the Bitcoin Network

Published 24/07/2023, 11:19
© Reuters.  Miners Have Produced 800,000 Blocks on the Bitcoin Network

  • On-chain analyst highlighted several milestones achieved by Bitcoin since its creation.
  • Checkmate’s analysis covers the total number of blocks mined on the Bitcoin network.
  • According to Checkmate, miners have produced 800,000 blocks on the Bitcoin network.

Glassnode’s lead on-chain analyst has highlighted several milestones achieved by Bitcoin. since its creation over fourteen years ago. The analyst, posting on Twitter under the username Checkmate, shared the total number of blocks mined on the Bitcoin network since its inception, among other statistics about the pioneer cryptocurrency.

According to Checkmate, miners have produced 800,000 blocks on the Bitcoin network, amounting to the mining of 19.437 million bitcoins. Also, Checkmate noted that since Bitcoin’s launch, 268,700 bitcoins have been paid as fees to miners on the network. Using Bitcoin’s cu…

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