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Ethereum miners generated $214M in revenue in October
UPDATED: November 3, 2020, 11:17AM EST
<span class="acf-media-credit"><span class="acf-credit"><span class="acf-credit"><a href="https://dat-rs.com/" target="_blank">Ricardo Santos for The Block</a></span></span></span>
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Ethereum miners accrued $214 million in revenue in October, down from $321 million in September, according to data compiled by The Block.
Last month, miners on Ethereum saw a 66.8% drop in transaction fee revenue compared to September, from $171 million to $57 million.
Compared to September, transaction fees on Ethereum, as a share of total miner revenue, dropped from 53.4% to 26.5% in October.
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