Ethereum Miners' Income Broke a Record!

Ethereum miners' income broke a record! Mining revenue soared as the Ethereum price reached an all-time high.

Ethereum (ETH), the second largest unit of the cryptocurrency market, came to the fore with the records it broke in recent days. Ethereum's record breaking profited not only to its users, but also to ETH miners. So much so that Ehereum miners generated $ 3.5 million in revenue in just 1 hour. The data released today by the metric analytics site Glassnode source showed that ETH miner revenue was a record high as Ethereum hit an all-time high price of $ 1,756. This record level has given Ethereum (ETH) miners the most profitable hours they have ever seen. According to statements in Limenya, Ethereum miners are running software that solves complex math puzzles to verify transactions on the Ethereum blockchain using very powerful computers. Miners earn income for these transactions. Miners' fees increase as the number of transactions increases due to the extremely high energy expenditure when performing each Ethereum transaction.   ETH Miners Generated $ 53 Million Income Yesterday According to Glassnode's data, yesterday, Ethereum miners generated a total of $ 53 million in revenue. According to Glassnode data, this level corresponds to almost $ 10 million more than the revenue Bitcoin (BTC) miners earned yesterday. Of course, miners cannot make this profit every day. On February 1, Bitcoin miners only earned $ 29 million; On January 13, Ethereum miners earned about $ 20 million. It is worth noting that due to the decentralized structure of Ethereum, users have to pay high fees.       Source: Limenya.com