{"id":28077,"date":"2020-09-02T17:45:27","date_gmt":"2020-09-02T14:45:27","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=28077"},"modified":"2025-08-27T09:32:09","modified_gmt":"2025-08-27T06:32:09","slug":"ethereum-miners-post-record-daily-transaction-fees","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/ethereum-miners-post-record-daily-transaction-fees\/","title":{"rendered":"Ethereum miners post record daily transaction fees"},"content":{"rendered":"

On Tuesday, September 1, Ethereum miners’ revenues from transaction fees reached a record $17 million in a day. Volumes are rising amid the growing popularity of the decentralized finance market, The Block<\/a>.<\/p>\n

The new maximum, 3.7 times higher than the peaks in December 2017 and January 2018, when ETH rose to $1,000.<\/p>\n

\\\"Ethereum<\/p>\n

Source: The Block.<\/p>\n<\/div>\n

On September 1, Bitcoin miners earned $1.5 million in fees, or about 9% of Ethereum’s daily take. The all-time daily record for the first cryptocurrency’s network was set in December 2017 at $21.4 million.<\/p>\n

\\\"Ethereum<\/p>\n

Source: The Block.<\/p>\n<\/div>\n

On Tuesday, the historical maximum at the $10 mark was also reached for the average fee in the Ethereum network.<\/p>\n

\u041f\u043e \u043c\u043d\u0435\u043d\u0438\u044e<\/a> The Block analyst Larry Cermak, the rise in transaction-fee revenue in the blockchain could affect the price of mining hardware on the secondary market. This would be positive for the shares of GPU makers AMD and Nvidia.<\/p>\n

As Vitalik Buterin explained<\/a>, the current cost of transactions is determined by the balance of supply and demand.<\/p>\n

Subscribe to ForkLog news on Telegram: ForkLog FEED<\/a> \u2014 the full news feed, ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"

On Tuesday, September 1, Ethereum miners’ revenues from transaction fees reached a record $17 million in a day. Volumes are rising amid the growing popularity of the decentralized finance market, The Block reports.<\/p>\n","protected":false},"author":1,"featured_media":28078,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1178,1137,46],"class_list":["post-28077","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-blockchain-fees","tag-cryptocurrency-mining","tag-ethereum"],"aioseo_notices":[],"amp_enabled":true,"views":"27","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/28077","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=28077"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/28077\/revisions"}],"predecessor-version":[{"id":28079,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/28077\/revisions\/28079"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/28078"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=28077"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=28077"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=28077"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}