<div class="c-message_kit__blocks c-message_kit__blocks--rich_text"> <div class="c-message__message_blocks c-message__message_blocks--rich_text"> <div class="p-block_kit_renderer" data-qa="block-kit-renderer"> <div class="p-block_kit_renderer__block_wrapper p-block_kit_renderer__block_wrapper--first"> <div class="p-rich_text_block" dir="auto"> <div class="p-rich_text_section">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.</div> <div> <div id="attachment_77127"class="wp-caption alignnone" style="max-width: 1726px;"><a href="https://www.theblockcrypto.com/linked/77126/ethereum-miner-revenue-2" rel="attachment wp-att-77127"><img class="has-caption wp-image-77127 size-full" src="https://www.tbstat.com/wp/uploads/2020/09/Ethereum-miner-revenue-1.png" alt="" width="1716" height="994" /></a><p class="wp-caption-text">Source: Coin Metrics, The Block Research</p></div> </div> <div class="p-rich_text_section">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.</div> <div> </div> </div> </div> </div> </div> </div> <div class="c-files_container"> <div id="attachment_77128"class="wp-caption alignnone" style="max-width: 1844px;"><a href="https://www.theblockcrypto.com/linked/77126/screen-shot-2020-09-04-at-9-17-04-pm" rel="attachment wp-att-77128"><img class="has-caption wp-image-77128 size-full" src="https://www.tbstat.com/wp/uploads/2020/09/Screen-Shot-2020-09-04-at-9.17.04-PM.png" alt="" width="1834" height="1130" /></a><p class="wp-caption-text">Source: Coin Metrics, The Block Research</p></div> </div>