January 23, 2022

Mining Ethereum is already the seventh month more profitable than Bitcoin mining

Mining Ethereum is already the seventh month more profitable than Bitcoin mining

For the seventh month in a row, Ethereum mining remains more profitable than mining the first cryptocurrency.

Bitcoin miners earned $ 1.69 billion in November, and mining ETH brought miners $ 1.99 billion, according to The Block.

Mining Ethereum is already the seventh month more profitable than Bitcoin mining

Mining Ethereum is already the seventh month more profitable than Bitcoin mining

The profitability of mining the first cryptocurrency fell 2% last month, while Ethereum miners increased their profit by 11.8%.

The cost of transactions in the ETH network is also higher than the indicators of the bitcoin network. Fees from commissions account for the majority of the income of miners of the second cryptocurrency.

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