Ethereum miners made 450K ETH from high network fees during DeFi peak
Cointelegraph
Published Oct 10, 2020 06:59PM ET
Updated Oct 12, 2020 05:00AM ET
Ether (ETH) miner revenue skyrocketed during the month of September according to data from glassnode, an onchain analytics resource. While the price of Ether did not rise significantly during this time, miners on the Ethereum network saw their revenue increase due to high fees.
Miners took home 450,089 ETH in fees ($168.7 million) and this represents a 39% increase over last month in which miners made roughly $113 million in fees.
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Written By: Cointelegraph
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