Ethereum Miners Reach Record Profits In May – Bits Media

Despite the fall in the cryptocurrency market, Ethereum miners made a record profit in May. As of 24 in May, the profit of the miners of the second cryptocurrency was $1.93 billion.

Almost half of the profit was received by miners from transaction fees. So, income Miners from the commissions compiled $922.46 million, And the profit from the production of blocks - $1.01 billion. May has already become a record in terms of miner, and by the end of the month this indicator will exceed $2 billion.

Currently, ETH is traded in $2 650, But earlier the coin fell before $1 850. At the same time, in early May, the Ethereum course rose higher $4 000. Therefore, not surprising, that miners received record income, After all, the cost of electricity remains at the same level, But the extracted ETH can be sold more expensive.

Since January of this year, miners of the second cryptocurrencies receive more and more money. If in January the record was income in $829 million, then already in February he grew up to $1.37 billion. Last month, Ethereum miners earned $1.7 billion.