Ethereum miners generated $1.29 billion in revenue in March, up 7% from the previous month.
Ethereum miners brought in $1.29 billion in revenue last month, according to data from The Block. The figures, which are a 7% increase compared to the previous month, also mean approximately 1.08 times more revenue from Bitcoin miners.
While the majority of revenues, equivalent to $1.21, come from block subsidies; $78.27 billion came from transaction fees.
Ethereum miners’ revenues hit a record $2.4 billion in May 2021.