Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Crypto currency Mining => Topic started by: RSRS on September 07, 2021, 09:58:13 AM
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Following the rise in Bitcoin values, cryptocurrency mining has resurfaced with a vengeance, with many people purchasing rigs to mine Bitcoin, Ethereum, and other cryptocurrencies.
The current analysis on the Global Bitcoin-Mining Machine Market examines crucial market expansion aspects to assist organisations get a competitive advantage in the sector. The front is dominated by Bitcoin miners. The trend has appeared to reverse in the previous three months, according to CoinShares Research. As a result, ETH miners have recently maintained a revenue lead over BTC miners.
ETH Miners > BTC Miners
ETH miners made $1.98 billion in income in August, while BTC miners made $1.4 billion. Mining revenue is made up of transaction fees and block rewards, as well as the price of the asset at the time. In August, ETH miners earned almost $690 million in transaction fees, compared to $18.72 million for Bitcoin miners.
More Information (https://cryptonews.net/en/news/mining/1715709/)