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Ethereum's $800 Million January Mining Revenue Surpasses 2018 Highs

Mon, 01 Feb 2021, 07:19 am UTC

Ethereum miners have brought in $800 million in January revenue, which surpasses the previous record highs seen three years ago.

The Block's Dashboard data shows that more than $311 million of Ethereum's January mining revenue came from transaction fees on the network, which accounted for nearly 40%.

The increase of transaction fees and the price surge of Ether to all-time-highs above $1,400 last month have pushed Ethereum's January mining revenue to surpass the previous record highs of $762 million seen in January 2018.

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