According to The Block Research, mining Ethereum (ETH) is consistently generating more revenue than mining Bitcoin (BTC).
According to the company, this trend has been observed for the seventh month in a row. This is a record superiority in the entire history of cryptocurrency.
In November, bitcoin miners in totalearned about $ 1.69 billion, which is 17.8% less than the total income from ether mining, which amounted to $ 1.99 billion.At the same time, compared to October, gross revenue from bitcoin mining decreased by 2%, while Ethereum's indicator increased by 11 ,eight%.
Currentthe supremacy is mainly due to the high transaction fees on the Ethereum network.It has become a real platform for the users of the platform, so the developers are exploring various ways to solve it.For example, Vitalik Buterin recently proposed to reduce the cost of gas for processing transactions by more than 5 times.
The income of ETH mining is growing, even despite the mechanism of burning part of the commission fees, which since August has been removingThe network has an average of 7.67 tokens and has since liquidated more than 1 million ether worth billions of dollars.
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