On-chain analytics company Glassnode’s calculations indicate that since 2010, fees and block reward subsidies have brought in over $50 billion for miners.
Despite continuous debate regarding miner costs and their susceptibility to decreases in the price of bitcoin, new evidence shows that miners are likely to remain in the black over the long term.
The entire lifetime income of miners is projected by Glassnode to be $50.2 billion, which is about 40% more than their anticipated costs of $36.6 billion.