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The sharp decrease in the income of Bitcoin and Ethereum miners in the last month; Bitcoin miners are better off

The income of Bitcoin and Ethereum miners has decreased significantly over the past month. Obviously, the fall in prices in the digital currency market is the main reason for the decrease in the income of miners from Bitcoin and Ethereum mining sites. Additionally, for the first time in 14 months, the monthly earnings of Bitcoin miners have surpassed Ethereum.
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The sharp decrease in the income of Bitcoin and Ethereum miners in the last month; Bitcoin miners are better off

The sharp decrease in the income of Bitcoin and Ethereum miners in the last month; Bitcoin miners are better off

The income of Bitcoin and Ethereum miners has decreased significantly over the past month. Obviously, the fall in prices in the digital currency market is the main reason for the decrease in the income of miners from Bitcoin and Ethereum mining sites. Additionally, for the first time in 14 months, the monthly earnings of Bitcoin miners have surpassed Ethereum.

The income of Bitcoin and Ethereum miners has decreased significantly over the past month. Obviously, the fall in prices in the digital currency market is the main reason for the decrease in the income of miners from Bitcoin and Ethereum mining sites. Additionally, for the first time in 14 months, the monthly earnings of Bitcoin miners have surpassed Ethereum.

 

According to "TheBlock", the income from Bitcoin mining in June decreased by 26.3% compared to May. Bitcoin miners have earned $668 million over the past month, while Bitcoin has completely lost about a third of its value in the past 30 days.

 

This revenue of $668 million is 61% lower than the $1.72 billion that Bitcoin miners collected in October 2021. It should be noted that the decrease in the income of Bitcoin miners has started since March and after a short jump in this month.

In addition to Bitcoin, Ethereum mining has also been associated with less income in the past month, and the miners of this digital currency earned a total of 528 million dollars in June; It means 45.5% less than in May.

To compare the situation of Bitcoin and Ethereum miners during this period, it should be said that the income of Bitcoin miners in the past month was 1.26 times the income of Ethereum miners. It should be noted that since April 2021, it has been Ethereum miners who have always earned more than Bitcoin miners.

The main income of Bitcoin and Ethereum miners, according to the past routine, has been from the network block mining reward. In the past month, Bitcoin miners earned $656.47 million from block rewards and only 11. They have earned 47 million dollars from transaction fees.

Ethereum miners also received 498.84 million dollars from network block mining rewards, 29.64 million dollars from user transaction fees and 21.09 million dollars from Ommer Blocks (blocks that are created simultaneously with another block). have earned

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