{"id":57137,"date":"2022-02-04T09:54:49","date_gmt":"2022-02-04T07:54:49","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=57137"},"modified":"2025-09-04T10:10:17","modified_gmt":"2025-09-04T07:10:17","slug":"bitcoin-miners-january-revenue-falls-to-1-21-billion","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/bitcoin-miners-january-revenue-falls-to-1-21-billion\/","title":{"rendered":"Bitcoin miners&#8217; January revenue falls to $1.21 billion"},"content":{"rendered":"<p>In January 2022, bitcoin miners&#8217; revenue stood at $1.21 billion, down 15% from the previous month. This is stated in<a href=\"https:\/\/forklog.com\/en\/news\/january-2022-in-numbers-nft-boom-despite-crypto-slump-fantom-strengthens-and-ftxs-rally-to-32-billion\"> ForkLog<\/a> report.<\/p>\n<p>The share of fees in bitcoin miners&#8217; revenue fell to a record low \u2014 1.15% or $13.9 million.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh5.googleusercontent.com\/JWm7Rme_xOMg2wP5evDbe2eKC4VTp0xF1m80Ytvho1yQfeOEqjEL5H7RR9HBPAVoJIdBIYACDGJH7a6J1kD8HJRRm8hoEiN9l7ARR8Lqwtcx2IYV9LOmq6tjkRLEpHcfNhrn237Y\" alt=\"Bitcoin miners' revenue in January falls to $1.21 billion\"\/><figcaption><meta charset=\"utf-8\">Data: ForkLog report.<\/figcaption><\/figure>\n<p>In the first month of the year, Ethereum miners earned $2.62 billion \u2014 down 7% from December. Fees in revenues exceeded the income from mined blocks \u2014 $1.33 billion versus $1.28 billion.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh6.googleusercontent.com\/FhmUvr-J0d-UnqCOUQbw54C_yYzoTLDkZ4Ms4OIdHtmMfjZ2PHTRRB61Nbwd6Jd0u4dZUQd_RSb_FvZhTGEZ921cby63SAErsWXqJJ2uEhUMBqGTQ7Dhh34vfERIA4LydXl-Wfom\" alt=\"\u0414\u043e\u0445\u043e\u0434 \u0431\u0438\u0442\u043a\u043e\u0438\u043d-\u043c\u0430\u0439\u043d\u0435\u0440\u043e\u0432 \u0432 \u044f\u043d\u0432\u0430\u0440\u0435 \u0441\u043d\u0438\u0437\u0438\u043b\u0441\u044f \u0434\u043e $1,21 \u043c\u043b\u0440\u0434\"\/><figcaption><meta charset=\"utf-8\">Data: ForkLog report.<\/figcaption><\/figure>\n<p>Bitcoin&#8217;s hash rate in January rose by 5.33% (a 7-day smoothed moving average), and mining difficulty increased by 9.77%. This indicates a ramp-up of global mining capacity and a full recovery of metrics after the <a href=\"https:\/\/forklog.com\/en\/news\/bitcoin-mining-in-2021-chinas-ban-reshaped-the-balance-of-power\">Great Migration<\/a> of Chinese miners, as well as market participants&#8217; confidence in the long-term prospects of the first cryptocurrency.<\/p>\n<p>The leader in hashrate for January was the Foundry pool, an American company.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh5.googleusercontent.com\/4cGTyRqJzmkqbpddfCV3gL08bjjfwTv_ENhphbTSCBFl4KPRsQnTaeklIPGV1zBUqmIigIj3Jpl5RsnWZNmqLOln7fMo6mFu56GBLRpIfMkwd6-ZcneNh8F5ktbCTnLY410ZWm1e\" alt=\"\u0414\u043e\u0445\u043e\u0434 \u0431\u0438\u0442\u043a\u043e\u0438\u043d-\u043c\u0430\u0439\u043d\u0435\u0440\u043e\u0432 \u0432 \u044f\u043d\u0432\u0430\u0440\u0435 \u0441\u043d\u0438\u0437\u0438\u043b\u0441\u044f \u0434\u043e $1,21 \u043c\u043b\u0440\u0434\"\/><figcaption><meta charset=\"utf-8\">Data: ForkLog report.<\/figcaption><\/figure>\n<p>Total network hashrate moved up to around 200 EH\/s, updating an all-time high.<\/p>\n<p><script async=\"\" src=\"https:\/\/telegram.org\/js\/telegram-widget.js?15\" data-telegram-post=\"forklog\/23626\" data-width=\"100%\"><\/script><\/p>\n<p>On January 10, Ethereum&#8217;s average on-chain fees surpassed $50, while Bitcoin&#8217;s did not reach $3. The latter was driven by subdued on-chain activity amid a weak market and the <a href=\"https:\/\/forklog.com\/en\/news\/taproot-upgrade-activated-on-the-bitcoin-network\">Taproot upgrade<\/a>.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh4.googleusercontent.com\/pXyW3RiAT9bHmDxKwCK1MY3q7__7han9s2zmJIBv6kG_ouumeBYcl3KJ0loWz9sNEIjTlkprEpgaWQjDUZJFIF_pk8p3pYWVr5IxdXAQvCB-6eNzlnzQSV_JwdY3XiMzAdysgdUE\" alt=\"\u0414\u043e\u0445\u043e\u0434 \u0431\u0438\u0442\u043a\u043e\u0438\u043d-\u043c\u0430\u0439\u043d\u0435\u0440\u043e\u0432 \u0432 \u044f\u043d\u0432\u0430\u0440\u0435 \u0441\u043d\u0438\u0437\u0438\u043b\u0441\u044f \u0434\u043e $1,21 \u043c\u043b\u0440\u0434\"\/><figcaption><meta charset=\"utf-8\">Data: ForkLog report.<\/figcaption><\/figure>\n<p><strong>Sponsor of the &#8220;Bitcoin Industry in Numbers&#8221; section \u2014 the global blockchain ecosystem <\/strong><a href=\"https:\/\/www.binance.com\/ru\"><strong>Binance<\/strong><\/a><strong>.<\/strong><\/p>\n<p>Earlier in January, an enthusiast <a href=\"https:\/\/forklog.com\/en\/news\/1989-laptop-put-to-the-test-in-bitcoin-mining\"> tested a 1989-era laptop<\/a> on MS-DOS for mining the first cryptocurrency.<\/p>\n<p>Subscribe to ForkLog&#8217;s YouTube 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>In January 2022, bitcoin miners&#8217; revenue stood at $1.21 billion, down 15% from the previous month. According to ForkLog&#8217;s report.<\/p>\n","protected":false},"author":1,"featured_media":57138,"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-57137","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-mining"],"aioseo_notices":[],"amp_enabled":true,"views":"50","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/57137","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=57137"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/57137\/revisions"}],"predecessor-version":[{"id":57139,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/57137\/revisions\/57139"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/57138"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=57137"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=57137"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=57137"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}