May 5, 2024

The profit of the miners of bitcoin and ether began to grow

The profit of the miners of bitcoin and ether began to grow

June was an extremely unlucky month for miners – income from mining Bitcoin and Ether dropped by half.However, in July, the indicators began to recover.

If in June the miners of the first cryptocurrency received$ 839 million, then in July profit reached $ 971 million. Revenue growth was 15.8%. Bitcoin miners received only $ 27.59 million from transaction fees, and the main income came from rewards for detecting a block. Note that Bitcoin miners received $ 1.75 billion in March.

The profit of the miners of bitcoin and ether began to grow

As for the Ethereum miners, their income forJuly amounted to 505,000 ETH ($ 1.26 billion at the current exchange rate). The growth of the indicator in comparison with June amounted to 6.63%. ETH miners received $ 231 million from transaction fees, which is 18.32% of the total profit.

D connection with the bans on mining in China hashratethe network of the first cryptocurrency dropped significantly. However, along with the transfer of capacities from the Middle Kingdom to other countries, the Bitcoin hash rate began to recover. At the end of last week, another recalculation of the difficulty of mining the first cryptocurrency took place - the indicator increased by 6%.

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