<p><span style="font-weight: 400;">Bitcoin miners brought in a total of $1.16 billion in April, a 4.3% decrease compared to the previous month, while Ethereum miners grew their revenues by 6.2% for a total of $1.33 billion.</span></p> <p><span style="font-weight: 400;">Ethereum miners generated about 1.08 times more revenue than Bitcoin miners in April, according to data compiled by The Block Research. </span></p> <p><iframe frameborder="0" height="420" src="https://embed.theblockcrypto.com/data/on-chain-metrics/bitcoin/bitcoin-miner-revenue-monthly/embed" title="Bitcoin Miner Revenue (Monthly)" width="100%"></iframe></p> <p><span style="font-weight: 400;">Revenues from Ethereum mining have been consistently higher than Bitcoin’s since May of last year. </span></p> <p><span style="font-weight: 400;">Most bitcoin revenues came from the block subsidy ($1.14 billion) and only a small portion from transaction fees ($12.98 million).</span></p> <p><iframe frameborder="0" height="420" src="https://embed.theblockcrypto.com/data/on-chain-metrics/ethereum/ethereum-miner-revenue-monthly/embed" title="Ethereum Miner Revenue (Monthly)" width="100%"></iframe></p> <p><span style="font-weight: 400;">Similarly, a larger portion of the Ethereum revenues came from the subsidy ($1.25 billion). Transaction fees totaled $82.88 million and uncle rewards $58.85 million.</span></p> <p>The daily average gas price increased and came in around 54.7 gwei on a 30-day rolling average at the end of April.</p>