VeryHash August mining machine market release | Miners' income decreases

VeryHash August mining machine market release | Miners' income decreases

“If you want Bitcoin, you have to learn how to mine it yourself, and we are a professional platform that provides mining and mining machine trading services.”

According to data compiled by The Block Research, Bitcoin miners generated approximately $1.41 billion in revenue in August. The monthly figure is lower than the all-time peak of $1.75 billion set in March, but is up about 45% from July's $971.83 million. The vast majority of August's revenue figure came in the form of block subsidies, or the 6.25 BTC that miners receive when they successfully create a block.

According to data from OKEx Chain Master, Ethereum miners earned a total of $1.516 billion in August, up 38.95% from $1.091 billion in July. Block reward revenue was $1.307 billion, and fee revenue was $209 million, accounting for 16.2%. More data shows that Ethereum miners’ fee revenue has fallen sharply since May 19, after peaking at more than 70%. This means that even with the current popularity of NFTs, Ethereum miners’ fee revenue has not increased significantly.

August market report of popular mining machines: The latest data is from 2021.8.01 to 2021.08.31. The mining machine market reference is shown in the figure below.

The following mining machine market information is compiled by VeryHash and is for reference only.

Disclaimer: No fees are charged for the mining machines mentioned in this article.


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