Bitcoin miners made $368 million in revenue during August.

According to analysis I made this month,it was obvious that bitcoin miners made $368 in revenue during last month.

Bitcoin miners made a total of $368 signifying a 23.19% month over month increase.

Per the chart I made below,,this was the highest revenue figure when accounting for block rewards and transaction fees in the past three months.

Bitcoin transaction fees grew from roughly 8.5% in July to 10.7% in August according to a recent report.

In the contrary,euthereum miners generated $285million in revenue last month,making a 98.2% month over month increase -the highest in 25months.

According to reports,notably transaction fees on euthereum increased drastically and made up 40.5%of euthereum miners ltotal revenue compared to 10% in May.

In June,Bitcoin miners generated $281million revenue.The block reward halving in May cut the per block subsidy from 12.5BTC too 6.25BTC,resulting in a 15month low of revenue.

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