{"id":47072,"date":"2021-08-02T12:57:57","date_gmt":"2021-08-02T09:57:57","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=47072"},"modified":"2025-09-01T19:34:36","modified_gmt":"2025-09-01T16:34:36","slug":"bitcoin-miners-revenue-rose-in-july-for-the-first-time-in-four-months","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitcoin-miners-revenue-rose-in-july-for-the-first-time-in-four-months\/","title":{"rendered":"Bitcoin miners\u2019 revenue rose in July for the first time in four months"},"content":{"rendered":"

In July, the combined income of Bitcoin miners amounted to $972.6m, up 16% from June.<\/p>\n

The share of transaction fees fell to 2.94%. In absolute terms ($27.8m), the figure dropped to its lowest since September 2020.<\/p>\n

Block-reward revenues rose (from $797m to $944.9m), aided by a rise in bitcoin to $42,000<\/a> after renewed testing of $30,000<\/a>.<\/p>\n

\"\u0412
Bitcoin miners\u2019 revenues by month, $m. Data: Glassnode.<\/figcaption><\/figure>\n

Ethereum miners\u2019 revenues declined by 2% to $1.08bn. The share of fees in monthly receipts rose from 17% to 22% \u2014 from $165.8m to $201.2m. This softened the decline in block-reward receipts from $939.8m to $879m.<\/p>\n

\"\u0412
Ethereum miners\u2019 revenues by month, $m. Data: Glassnode.
<\/figcaption><\/figure>\n

London hard fork<\/a> is expected to take place on August 4 in the Ethereum network.<\/p>\n

As part of the forthcoming upgrade, the EIP-1559 proposal would burn a portion of transaction fees depending on network load.<\/p>\n

The controversial EIP-1559 has received support from developers and users, but divided miners into two camps<\/a>.<\/p>\n

Opponents of the proposal, including the pools SparkPool and Ethermine, controlling<\/a> 44.8% of the network’s hashrate, wanted to concentrate in the latter more than 51% of computing power<\/a>. However, their attempt failed. Earlier, the main Ethereum test networks successfully underwent<\/a> the London upgrade.<\/p>\n

Follow ForkLog news on VK<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"

In July, the combined income of Bitcoin miners reached $972.6m, up 16% from June.<\/p>\n","protected":false},"author":1,"featured_media":47073,"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],"class_list":["post-47072","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"],"aioseo_notices":[],"amp_enabled":true,"views":"8","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/47072","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=47072"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/47072\/revisions"}],"predecessor-version":[{"id":47074,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/47072\/revisions\/47074"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/47073"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=47072"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=47072"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=47072"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}