Bitcoin miners earned $328m in September, down 11% from August, according to CoinDesk.
Bitcoin miners’ revenue by month. Source: CoinDesk.
Last month, miners’ revenues amounted to $368.3m. The metric assumes they immediately sell all mined Bitcoin.
The decline came as the price of the top cryptocurrency fell by 8% over the month.
On 20 September, as a result of another recalculation of mining difficulty rose by 11.35% to a record high of 19.31 T.
Earlier this month, Chinese media reported that miners faced a shortage of new equipment. BitRiver data-centre’s commercial director Dmitry Ushakov confirmed to ForkLog that manufacturers cannot meet demand for top models.
Transaction fees earned by miners in September amounted to $26m, or just over 8% of total revenue. In August, the share of network fees was 10%.
Share of fees in Bitcoin miners’ revenue. Source: CoinDesk.
Last month, Ethereum miners earned more from processing transactions than from mining blocks — $172m versus $150m.
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