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Analysis

​​Ethereum Mining Revenue By Month

  • August 31, 2022

In August 2022, Ethereum mining revenue showed an increase of 14.6% from the revenue registered in July: $596M —> $683M. The increase is primarily caused by the rise in the price of Ethereum. The final stage of Ethereum merge is expected to happen between September 10 and September 20. After that, Ethereum mining will become unavailable. By that time, most miners can transfer their capacities to mining Ethereum Classic or other Proof-of-Work coins and forks, but they currently bring significantly lower revenues.

👉https://cryptorank.io/price/ethereum


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