Complete Ethereum mining income reached $1.37 billion in February — a brand new file, in accordance with information from The Block.
Ethereum mining income grew 65.1% between January and February. Throughout that point, transaction charges grew 122.1%.
Ethereum mining income typically incorporates a comparatively excessive ratio of transaction charges to dam subsidies. Of the overall income in February, $722.8 million, or 52.8%, got here from charges. The remaining $644.4 million got here from block subsidies.
In the meantime, The Block not too long ago reported that Ethereum’s prime mining swimming pools remain divided on whether or not to cut back miner transaction income by the Ethereum Enchancment Proposal (EIP)-1559. Whereas F2Pool, the third-largest ETH mining pool, F2Pool has mentioned it helps EIP-1559 for its capacity to cut back transaction income variability. However the largest pool, Sparkpool, opposes the proposal.