Bitcoin's price-currently near the $48,000 mark-is having an effect on people's pocketbooks. That includes the wallets of those who mine it. According to data from blockchain analytics firm Glassnode, Bitcoin miners earned over $4 million in revenue in a one-hour period today. That's the highest level ever recorded on the Bitcoin blockchain, it says. Mining is the process by which transactions are verified and added to the blockchain. Miners run specialized computers that contribute to the security of the network; the machine that solves the cryptographic puzzle first is rewarded with freshly minted Bitcoin. The process starts over every 10 minutes or so.

#BTC miners just made over $4 million in a single hour – the highest hourly miner revenue in Bitcoin's history so far.

Chart: https://t.co/TIffXFCIZH pic.twitter.com/PmAAmTN6j3

— glassnode (@glassnode) February 11, 2021