Monthly Ethereum miner revenue reached all-time high in March
April 4, 2021, 10:42AM EDT
1 min read
Ethereum miners set a record for monthly revenue in March after doing the same thing in February, according to data gathered by The Block.
Mining revenue totaled $1.38 billion in March, whereas February saw $1.37 billion — a 0.73% increase.
Ethereum transaction fees, as a share of miner revenue, dropped 9.94% from February to March while subsidies rose 12.89%. Of March's total revenue, 47.22% of it came from transaction fees whereas that number in February was 52.87%.
The Block Research was commissioned by Algorand to create Layer-1 Platforms: A Framework for comparison, which provides a “look under the hood” at seven platforms: Algorand, Avalanche, Binance Smart Chain, Cosmos, Ethereum/Ethereum 2.0, Polkadot, and Solana.
We assess their technical design, related ecosystem data, and qualitative factors such as key ecosystem members to get an understanding of how they differ. Having done this analysis, we draw some insights for what the future of the broader smart contract landscape could look like for years to come.