Bitcoin miners' earnings fell sharply in May to $963 million, down 46%.
2024-06-02 11:11:03
According to The Block Pro data, due to the impact of the halving of Bitcoin block rewards in April, Bitcoin miners' income fell to $963 million in May, a decrease of 46%. In addition, Ethereum staking revenue rose 4.1%, growing to $267 million. In addition, the Ethereum network destroyed a total of 26,747 ETH worth the equivalent of $91.70 million in May. The data shows that since the implementation of EIP-1559 in early August 2021, Ethereum has destroyed a total of about 4.30 million ETH worth about $12.10 billion.