Ethereum miners generated $214M in revenue in October
November 3, 2020, 11:15AM EST
1 min read
Ethereum miners accrued $214 million in revenue in October, down from $321 million in September, according to data compiled by The Block.
Last month, miners on Ethereum saw a 66.8% drop in transaction fee revenue compared to September, from $171 million to $57 million.
Compared to September, transaction fees on Ethereum, as a share of total miner revenue, dropped from 53.4% to 26.5% in October.