Ethereum (ETH) miner revenue higher than Bitcoin’s for third month running

Ethereum miners have seen higher revenues than Bitcoin miners for three months in a row, the longest stretch in history.

According to The Block’s Data Dashboard, Ethereum miners brought in $1.03 billion in revenue during July, a slight decline from the previous month.

In their turn, Bitcoin miners brought in $971.8 million in revenue last month — more than $100 million compared to June.

While transaction fees have remained a significant source of income for Ethereum miners, the same cannot be said for Bitcoin. Transaction fees accounted for just 3.1% of Bitcoin mining revenue last month.

Find out more