Ethereum mining revenue for the month of April hits new all-time high

Ethereum miners brought in more than $1.5 billion in revenue during the month of April, according to data collected by The Block.

Monthly data through April 30 shows that ETH miners have brought in $1.59 billion, though this data is likely to be slightly higher by the end of the day. The figure surpasses the previous high of $1.38 billion reported for March

Of the $1.59 billion figure, $702 million was in the form of transaction fees, or the funds paid to transact on the Ethereum network.

Network data indicates that Ethereum surpassed another previous milestone during April: the number of transactions eclipsed 40 million for the first time in a one-month period, as shown in the chart below: