Ethereum mining revenue for the month of April hits new all-time high
Ethereum miners brought in more than $1.5 billion in revenue during the month of April, according to data collected by The Block.
Monthly data through April 30 shows that ETH miners have brought in $1.59 billion, though this data is likely to be slightly higher by the end of the day. The figure surpasses the previous high of $1.38 billion reported for March.
Of the $1.59 billion figure, $702 million was in the form of transaction fees, or the funds paid to transact on the Ethereum network.
Network data indicates that Ethereum surpassed another previous milestone during April: the number of transactions eclipsed 40 million for the first time in a one-month period, as shown in the chart below:
© 2021 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Go to Source
Author: Michael McSweeney
