Ethereum miners reach $1.29 billion in revenues in March

Ethereum miners brought in $1.29 billion in revenues during March 2022.

Ethereum miners brought in a total of $1.29 billion in March in revenue.

Revenues increased month-over-month by 7.2%. They had been on a declining trajectory since November of 2021, when the revenue total was $2.07 billion.Most of these revenues came from the block subsidy and only a small portion from transaction fees and uncle rewards . Transaction fees decreased to 5.9% of total revenue.

Total revenues were $2.07 billion in November 2021 and have declined since. They hit an all-time high in May 2021, with a total of $2.4 billion.

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