In March 2022, the revenue of bitcoin miners was approximately $1.2 billion, up 14% from the previous month. The indicator increased for the first time since October 2021 after the ForkLog report.

The share of commissions in revenues was just over 1%.

Ethereum miners’ revenue continued its downward trend – revenues fell 9% to $1.63 billion in March.

Commissions traditionally make up a significant portion of the income of miners of the second largest cryptocurrency in terms of capitalization. In March, however, their volumes fell nearly 40% from February to $424 million. A ~20% increase in revenue from mining blocks could not compensate for this decline.

The share of commissions in the total indicator decreased to 35.16%.

On the last day of March, Bitcoin mining difficulty reached an all-time high, reaching 28.58 T. The network hashrate is close to 200 EH/s (an indicator corrected by the seven-day moving average).

As of April 1, the Foundry USA mining pool has strengthened its lead in terms of share of the network’s computing power by up to 19.3%. Its participants include large American mining companies traded on stock exchanges.

Analysts at Arcane Research noted that the share of publicly traded companies in the bitcoin hashrate has reached 19%. In January, this figure was about 3%.

Sponsor of “Bitcoin industry by numbers” column – global blockchain ecosystem Binance.

Recall that Marathon Digital Holdings, one of the largest mining enterprises in North America, mined a record 1258.6 BTC for itself in the first quarter of 2022.