Ethereum miners generated $285.1 million in revenue in August, representing a month-over-month increase of 98.2% and a 25-month high, according to research from The Block.

Source: Coin Metrics, The Block Research

Last month, transaction fees on Ethereum increased significantly, fueled by the yield farming mania. Fees as a percentage of mining revenue reached an all-time high of over 40.5% of the total revenue, compared to 10% in May.

 

Source: Coin Metrics, The Block Research

(Excerpt) Read more Here | 2020-09-07 08:33:00

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