Express

Both Bitcoin And Ethereum Mining Revenues Hit Record Highs In February

Mary Liu

Summary: According to the data collected by The Block, both Bitcoin and Ethereum miners saw record highs of revenues in February. The total mining revenue of Ethereum in February reached $1.37 billion, with a 65.1% increase compared with January, of which $722.8 million (accounting for 52.8%) comes from transaction fees, an increase of 122.1% over January, the ...

According to the data collected by The Block, both Bitcoin and Ethereum miners saw record highs of revenues in February.

The total mining revenue of Ethereum in February reached $1.37 billion, with a 65.1% increase compared with January, of which $722.8 million (accounting for 52.8%) comes from transaction fees, an increase of 122.1% over January, the remaining $644.4 million comes from miner rewards.

As to Bitcoin miners, the total revenues exceeded $1.36 billion last month, breaking the record high set in December 2017. Transaction fees represent 13.7% of the total revenue ($186.4 million), and the remainings are subsidies.

By Mary Liu

Last Update:

Tags: ,,
Link: Both Bitcoin And Ethereum Mining Revenues Hit Record Highs In February   [Copy]
  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 10 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 17 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 21 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 24 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 28 days ago
  • You need to login to comment.