Cryptocurrency Miners are Making Millions for Doing Absolutely Nothing

The latest issue of Diar points out that Bitcoin miners and other crypto miners have made tens of millions of dollars without processing a single transaction. The major proof-of-work blockchains, Bitcoin, Ether, Litecoin, and Dash, have earned in excess of $18 billion. Bitcoin Cash miners have earned just under $1 billion since the fork. Zcash miners have actually earned more than Bitcoin Cash miners, and Zcash is one of the most under-utilized networks studied. Bitcoin and Ethereum Process The Most Transactions In total, Bitcoin Cash miners have processed over 3300 empty blocks since August 2017. In total, an average of

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