{"id":58462,"date":"2022-03-02T16:29:03","date_gmt":"2022-03-02T14:29:03","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=58462"},"modified":"2025-09-04T16:55:56","modified_gmt":"2025-09-04T13:55:56","slug":"bitcoin-miners-revenue-in-february-fell-by-13","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitcoin-miners-revenue-in-february-fell-by-13\/","title":{"rendered":"Bitcoin miners&#8217; revenue in February fell by 13%"},"content":{"rendered":"<p>In February 2022, Bitcoin miners earned 13% less than in the <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-miners-january-revenue-falls-to-1-21-billion\">previous month<\/a>. Total revenue was $1.06 billion.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh5.googleusercontent.com\/q2fdMvwERl-hvZZDIBY-GDIS01nqEtZuGZFHNVGxj4RFYGotGqw0JnRcExxzIUpEtQBy08aLIgEqJlD2f2HPaYDKYporclS6fu-93rmBFd2CywrVGOOn6OuJOAPIQvfSPvlk-P0J\" alt=\"Bitcoin miners' revenue in February fell by 13%\"\/><figcaption>Data: ForkLog.<\/figcaption><\/figure>\n<p>The share of fees in revenue was just 1.24% \u2014 $12.9 million.<\/p>\n<p>Bitcoin miners&#8217; revenue has declined for the fourth straight month after peaking at $1.72 billion in October 2021. That figure came close to the March high of $1.74 billion.<\/p>\n<p>A similar trend is evident in Ethereum miners&#8217; revenue, which began to fall after November. It stood at $3.6 billion then, and by February had fallen to $1.8 billion. The month-over-month drop was about 35%.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh6.googleusercontent.com\/nHDP3zgurx0jo-PCMBN9UnJkaUry2jVRwRZYoyrpO9cbRuvbCaCdTC6qrSw-ZuhZGInQNv9vzu-BzoMFAWTIX1L_tqzNeoPklrgi8_VQAMi-x4FBgHN4fTzbN-AxcPv6HbR_XaHJ\" alt=\"Bitcoin miners' revenue in February fell by 13%\"\/><figcaption>Data: ForkLog.<\/figcaption><\/figure>\n<p>Ethereum&#8217;s hash rate also reached record levels. According to <a href=\"https:\/\/studio.glassnode.com\/metrics?a=ETH&#038;category=&#038;ema=0&#038;m=mining.HashRateMean&#038;mAvg=7&#038;mMedian=0\">Glassnode<\/a>, on February 18 the smoothed 7-day moving average stood at 960.4 TH\/s.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh3.googleusercontent.com\/tu9qRID4JJauJk8uyyNYuMO3EDGk6-EXrxsCrzj5E7uTr1Pru7jqqkNdHjMl8zbxCdzDWB20K5OWHv3kxncUcDHjLRrBynmHGiAXqEgT5Uu7F7tCpkoLY7PI1Yh6axaqLHJlYYFz\" alt=\"Bitcoin miners' revenue in February fell by 13%\"\/><figcaption>Data: Glassnode.<\/figcaption><\/figure>\n<p>Earlier, the oldest Bitcoin mining pool Slush Pool directed part of its hashrate to support Ukraine and donated 10 BTC to the Come Back Alive foundation.<\/p>\n<p>FlexPool, one of the largest Ethereum mining pools, has ceased servicing IP addresses from Russia amid the invasion of Ukraine.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In February 2022, Bitcoin miners earned 13% less than in the previous month. Total revenue was $1.06 billion.<\/p>\n","protected":false},"author":1,"featured_media":58463,"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":[1137],"class_list":["post-58462","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-mining"],"aioseo_notices":[],"amp_enabled":true,"views":"16","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/58462","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=58462"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/58462\/revisions"}],"predecessor-version":[{"id":58464,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/58462\/revisions\/58464"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/58463"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=58462"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=58462"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=58462"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}