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Bitcoin Mining Revenues Fell In April While Ethereum's Rose
Bitcoin miners brought in a total of $1.16 billion in April, a 4.3% decrease compared to the previous month, while Ethereum miners grew their revenues by 6.2% for a total of $1.33 billion.
Ankita K.
2:47 3rd May, 2022

Ethereum miners generated about 1.08 times more revenue than Bitcoin miners in April, according to data compiled by The Block Research.

Source: The Block

Revenues from Ethereum mining have been consistently higher than Bitcoin’s since May of last year.

Most bitcoin revenues came from the block subsidy ($1.14 billion) and only a small portion from transaction fees ($12.98 million).

Source: The Block

Similarly, a larger portion of the Ethereum revenues came from the subsidy ($1.25 billion). Transaction fees totaled $82.88 million and uncle rewards $58.85 million.

The daily average gas price increased and came in around 54.7 gwei on a 30-day rolling average at the end of April.


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