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OK this is huge: Ethereum mining revenue breaks $1 billion for the first time in February

admin by admin
March 2, 2021
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OK this is huge: Ethereum mining revenue breaks $1 billion for the first time in February
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Ethereum mining income grew 65.1% between January and February. Throughout that point, transaction charges grew 122.1%. Ethereum mining income usually contains a comparatively excessive ratio of transaction charges to dam subsidies. Of the full 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 high mining swimming pools stay divided on whether or not to scale back miner transaction income via the Ethereum Enchancment Proposal (EIP)-1559.

Learn how complete Ethereum mining income reached a record-breaking $1.37 billion in February 2021 on The Block Crypto.

For extra see : Ethereum.

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