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Bitcoin and Ethereum miners earned $ 1.36 billion each in February

Bitcoin and Ethereum miners’ revenues reached parity in February, renewing all-time highs at $ 1.36 billion.

The difference was only in the shares of commissions received and rewards for the block found. In the second largest cryptocurrency in terms of capitalization, this ratio was 52.9% against 47.1%, while in bitcoin – 13.7% against 86.3%.

The aggregate indicator of income of Ethereum miners in February increased by 65.1%, including from the validation of transactions – by 122.1%.

Ethereum miners’ income by months, $ million. Data: Coin Metrics.

Bitcoin miners have earned more than in December 2017, a record year for them. This was facilitated by the rise in prices to new all-time highs… Compared to January, the indicator increased by 21.4%.

Bitcoin miners’ income by months, $ mln. Data: Coin Metrics.

ForkLog previously reported about the explosive growth of stocks Bitcoin mining equipment manufacturers and mining firms.

Recall that an active discussion began on the Ethereum network offers EIP-1559… It involves burning part of the transaction fees.… Because of this miners split into two opposite camps.

FROMFounder of Chinese mining giant Bitmain Jihan Wu supported EIP-1559.

In the near future, ForkLog will release another review of the main events of the month – we will analyze the records of trading floors, DEX, DeFi and many other numbers, as well as whale purchases and changes in the regulatory environment.

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Fidenge Pecold

My profession is a journalist, but my hobby for 8 years has been studying Forex investing and trading. During this time, I managed to gain extensive experience in investing and trading cryptocurrencies and double my capital in the Forex market. To be the author of this magazine, the site owners invited me to participate in one of the 2020 trading webinars, and I will try to reveal the most relevant crypto market news for you.

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