{"id":38215,"date":"2021-03-02T16:33:57","date_gmt":"2021-03-02T14:33:57","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=38215"},"modified":"2025-08-30T03:31:55","modified_gmt":"2025-08-30T00:31:55","slug":"bitcoin-and-ethereum-miners-earned-1-36-billion-in-february","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitcoin-and-ethereum-miners-earned-1-36-billion-in-february\/","title":{"rendered":"Bitcoin and Ethereum miners earned $1.36 billion in February"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Bitcoin and Ethereum miners&#8217; revenues in February reached parity, hitting a record high of $1.36 billion.<\/span><\/p>\n<p><!--more--><\/p>\n<p><span style=\"font-weight: 400;\">The split between transaction fees and block rewards was 52.9% to 47.1% for Ethereum, while for Bitcoin it was 13.7% to 86.3%.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Ethereum miners&#8217; aggregate revenue in February rose by 65.1%, including a 122.1% rise from transaction validation.<\/span><\/p>\n<div id=\"attachment_126449\" style=\"width: 1001px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-126449\" class=\"size-full wp-image-126449\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/ETH_mining_revenue_feb21.jpg\" alt=\"Bitcoin and Ethereum miners earned $1.36 billion in February\" width=\"991\" height=\"467\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/ETH_mining_revenue_feb21.jpg 991w, https:\/\/u1f987.com\/wp-content\/uploads\/ETH_mining_revenue_feb21-300x141.jpg 300w, https:\/\/u1f987.com\/wp-content\/uploads\/ETH_mining_revenue_feb21-768x362.jpg 768w\" sizes=\"auto, (max-width: 991px) 100vw, 991px\" \/><\/p>\n<p id=\"caption-attachment-126449\" class=\"wp-caption-text\">Ethereum miners&#8217; revenues by month, in millions of dollars. Data: Coin Metrics.<\/p>\n<\/div>\n<p><span style=\"font-weight: 400;\">Bitcoin miners&#8217; earnings exceeded their December 2017 peak. This was aided by the price growth <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-price-breaches-55000\"><span style=\"font-weight: 400;\">to new all-time highs<\/span><\/a>. Relative to January, the figure rose by 21.4%.<\/span><\/p>\n<div id=\"attachment_126450\" style=\"width: 788px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-126450\" class=\"size-full wp-image-126450\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/BTC_mining_revenue_feb21.jpg\" alt=\"Bitcoin miners' revenues by month\" width=\"778\" height=\"469\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/BTC_mining_revenue_feb21.jpg 778w, https:\/\/u1f987.com\/wp-content\/uploads\/BTC_mining_revenue_feb21-300x181.jpg 300w, https:\/\/u1f987.com\/wp-content\/uploads\/BTC_mining_revenue_feb21-768x463.jpg 768w\" sizes=\"auto, (max-width: 778px) 100vw, 778px\" \/><\/p>\n<p id=\"caption-attachment-126450\" class=\"wp-caption-text\">Bitcoin miners&#8217; revenues by month, in millions of dollars. Data: Coin Metrics.<\/p>\n<\/div>\n<p><span style=\"font-weight: 400;\">Earlier ForkLog reported <a href=\"https:\/\/u1f987.com\/en\/news\/mining-company-shares-surge-amid-bitcoin-rally\">about the explosive growth of shares<\/a> of manufacturers of Bitcoin mining equipment and mining firms.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In Ethereum&#8217;s network, discussions about EIP-1559 began. It envisions burning part of transaction fees. As a result, <a href=\"https:\/\/u1f987.com\/en\/news\/ethereum-miners-split-into-two-camps-over-eip-1559\">miners split<\/a> into two opposing camps.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Bitmain co-founder <a href=\"https:\/\/u1f987.com\/en\/news\/media-jihan-wu-backs-ethereum-eip-1559-upgrade\">Jihan Wu<\/a> supported EIP-1559.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In the near term, ForkLog will release another overview of the month&#8217;s main events \u2014 we will dissect exchange records, DEX, DeFi and many other figures, as well as whale purchases and regulatory developments.<\/span><\/p>\n<p>Subscribe to ForkLog&#8217;s channel on <a href=\"https:\/\/www.youtube.com\/channel\/UCC9FnXTC8_ENzaNSO5cHQ6g\" target=\"_blank\" rel=\"nofollow noopener\"> YouTube<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin and Ethereum miners&#8217; revenues in February reached parity, hitting a record high of $1.36 billion.<\/p>\n","protected":false},"author":1,"featured_media":38216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1178,1137,46,1343],"class_list":["post-38215","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-blockchain-fees","tag-cryptocurrency-mining","tag-ethereum","tag-income"],"aioseo_notices":[],"amp_enabled":true,"views":"18","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/38215","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=38215"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/38215\/revisions"}],"predecessor-version":[{"id":38217,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/38215\/revisions\/38217"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/38216"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=38215"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=38215"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=38215"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}