Ethereum Miner Revenue Surpassed Bitcoin By $224M in April
Bitcoin miners took a back seat in mining profitability during the month of April as Ethereum miners saw $224 million more revenue than Bitcoin miners. April proved to be a difficult month for Bitcoin miners. According to Be[In]Crypto Research, BTC miners were able to generate around $1.16 billion in revenue during the fourth month of 2022.
The total profitability of Bitcoin over the past year was down by 31% since April 2021, which saw $1.7 billion in revenue recorded. The single-day high for April 2022 was 3% below the best day high in March. The single-day high for March 2022 was in the region of $47.54 million, according to data from YCharts. The single-day high for April ($46.01 million) was 23% lower than January 2022’s best-day high of $60.16 million.
Source
t.me/Mining_Crypto_Miner
