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Glassnode Data Shows Ethereum Miners Earned $3.5 Million Revenue In Just One Hour

Mary Liu

Summary: As the price of ETH continues to break new highs in consecutive days, data from the Glassnode website shows that the total revenue of Ethereum miners reached $3.5 million in just one hour--a record high to date. The increase in miners' revenue also represents traders' high transaction costs. According to data from the BitInfoCharts, the ...

As the price of ETH continues to break new highs in consecutive days, data from the Glassnode website shows that the total revenue of Ethereum miners reached $3.5 million in just one hour--a record high to date.

The increase in miners' revenue also represents traders' high transaction costs. According to data from the BitInfoCharts, the average transaction fee for Ethereum users yesterday was $23.

By Mary Liu

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Link: Glassnode Data Shows Ethereum Miners Earned $3.5 Million Revenue In Just One Hour   [Copy]
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