Revenue of bitcoin miners fell 4% in April
- May 10, 2022
- 0
In April, the total revenue of bitcoin miners was $1.15 billion. The indicator continued its downward trend, down 4% from March, according to the ForkLog report. The share
In April, the total revenue of bitcoin miners was $1.15 billion. The indicator continued its downward trend, down 4% from March, according to the ForkLog report. The share
In April, the total revenue of bitcoin miners was $1.15 billion. The indicator continued its downward trend, down 4% from March, according to the ForkLog report.
The share of commissions in revenue decreased to 1.14%.
At the same time, the digital gold rate decreased by 17.3% monthly. Ethereum is down 16.9%. However, the revenue of miners of the second-largest cryptocurrency by capitalization increased for the first time since November 2021.
In April, total revenues were $1.75 billion, up 8% from March. The share of commissions slightly increased – up to 41%.
The average Ethereum transaction fee has been falling since November last year. Only at the beginning of April, at the peak, the indicator exceeded $ 42. The average bitcoin transaction fee rarely exceeded $2 in April.
The hash rate of the network of the first cryptocurrency increased by 10% in a month. At its highest, the softened 7-day moving average was 223.17 EH/s. On April 27, Bitcoin mining difficulty reached a record level of 29.79 T.
Ethereum’s total computing power also updated the historical maximum, breaking the 1000 TH/s milestone.
In April, Foundry USA strengthened its lead among Bitcoin mining pools – its share in hash rate increased from 19.3% to 23%. Among its participants are large North American miners traded on exchanges.
According to Arcane Research, publicly traded mining companies account for about one-fifth of the total digital gold hash rate.
Sponsor of “Bitcoin industry by numbers” column – global blockchain ecosystem Binance.
Recall that in April, cryptocurrency miners went much deeper than the price of their shares.
Source: Fork Log
I’m Sandra Torres, a passionate journalist and content creator. My specialty lies in covering the latest gadgets, trends and tech news for Div Bracket. With over 5 years of experience as a professional writer, I have built up an impressive portfolio of published works that showcase my expertise in this field.