bizopps235
Member
Ether (ETH) miner revenue skyrocketed during the month of September according to data from glass-node, an on chain analytics resource. While the price of Ether did not rise significantly during this time, miners on the Ether network saw their revenue increase due to high fees.
Miners took home 450,089 Ether in fees ($168.7 million) and this represents a 39% increase over last month in which miners made roughly $113 million in fees.
During the same period, Bitcoin miner revenue from fees not only paled in comparison but actually decreased.Bitcoin miners made $26 million in September, a 50% decrease compared to the $39 million earned in August. According to data from crypto mining pool, it is now three times more profitable to mine Ether than it is to mine Bitcoin.....
Miners took home 450,089 Ether in fees ($168.7 million) and this represents a 39% increase over last month in which miners made roughly $113 million in fees.
During the same period, Bitcoin miner revenue from fees not only paled in comparison but actually decreased.Bitcoin miners made $26 million in September, a 50% decrease compared to the $39 million earned in August. According to data from crypto mining pool, it is now three times more profitable to mine Ether than it is to mine Bitcoin.....
