Data: Ethereum miners’ income in April exceeded US$1.5 billion, setting a new historical record for 6 consecutive months

Data: In April, the income of Ethereum miners exceeded US$1.5 billion, setting a new historical record for 6 consecutive months

According to the data collected by The Block, the income of Ethereum miners exceeded $1.5 billion in April, setting a new historical record for 6 consecutive months.

The monthly data as of April 30 shows that ETH miners have earned $1.59 billion in mining revenue, and this data may be slightly higher by the end of the day. This figure exceeds the previous high of $1.38 billion reported in March.

Of the US$1.59 billion, US$702 million comes from transaction fees, or funds paid by users for transactions on the Ethereum network.

1. The number of Ethereum transactions in a single month hit a new high

According to network data, Ethereum also set another milestone in April: the number of transactions exceeded 40 million for the first time in a single month.

According to previous reports by The Block, the income of Ethereum miners in March exceeded that of February, and the income of miners in February exceeded that of January.

2. Ethereum’s computing power reaches a new high

According to ycharts data, the total computing power of the Ethereum network is continuously refreshing its historical highs. As of April 30, the computing power of the Ethereum reached 566.16TH/s.

3. ETH price hit a new high

On May 1, ETH broke through $2,800 for the first time, setting a new milestone. According to QKL123 data, as of press time, the price of ETH is $2861, a 24-hour increase of 3.34%, and the total market value is $330 billion. ETH is getting closer and closer to the milestone of US$3,000. After entering May, various Layer 2 solutions will gradually be implemented and applied. There is also an EIP1559 upgrade that is expected to be brought about by the London hard fork in July. US$3,000 is for ETH. Say at least one small goal.

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Author/ Translator: Jamie Kim
Bio: Jamie Kim is a technology journalist. Raised in Hong Kong and always vocal at heart. She aims to share her expertise with the readers at blockreview.net. Kim is a Bitcoin maximalist who believes with unwavering conviction that Bitcoin is the only cryptocurrency – in fact, currency – worth caring about.