Ethereum miners generated $1.19 billion in revenue in February.
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According to data from The Block, Ethereum miners’ revenues continued to decline in February. Revenues were mostly from block subsidies ($1.09 billion), which was $1.19 billion in February, down 15.3% from last month; a small portion came from transaction fees ($109.77 million).
Source: The Block As of February, revenues for Ethereum miners have fallen for the third consecutive month. Miners’ revenues have been on a downward trend since reaching $2.07 billion in November 2021.
Ethereum mining revenues set a record in May 2021 with a total of $2.4 billion.
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