Ethereum mining revenue for the month of April hits new all-time high
UPDATED: May 25, 2021, 11:16AM EDT
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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:
