Ethereum miners' mining revenue reached US$800 million in January, setting a record high in 2018
彩云比特
2021-02-02 09:30
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Ethereum mining revenue reached $800 million in January, a record three years ago.

Editor's Note: This article comes fromCybtc Blockchain (ID: cybtc_com), reprinted by Odaily with authorization.

Editor's Note: This article comes from

Cybtc Blockchain (ID: cybtc_com)

Cybtc Blockchain (ID: cybtc_com)

, reprinted by Odaily with authorization.

More than $311 million, or nearly 40 percent, of ethereum’s January mining revenue came from network transaction fees, according to The Block.

The increase in transaction fees and the surge in the price of ether above last month's all-time high above $1,400 pushed ethereum's January mining revenue past its all-time high of $762 million set in January 2018.

Ethereum miners’ daily revenue per megasecond (MH/s) of computing power is also at its highest level since early 2018, according to The Block.

According to F2Pool's index, the most advanced ethereum mining equipment on the market, such as Nvidia's RTX 3080 or the ASIC miner A10 Pro produced by Wuhan-based InnoSilicon, makes a gross profit of $62 (400 yuan) 24 hours a day.

However, similar to the problems faced by Bitcoin miners, GPU graphics cards and ASIC miners on the Ethash algorithm are also facing a severe supply shortage, which is causing headaches for gamers who need Nvidia and AMD GPUs.

According to data from The Block, Bitcoin miners earned more than $1.09 billion in January, which also set a new record for miners’ highest income since December 2017.

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