Bitcoin mining revenues dropped in April by 4.3%, while Ethereum revenues went up by 6.2%.
Bitcoin miners brought in a total of $1.16 billion in April, a 4.3% decrease compared to the previous month, while Ethereum miners grew their revenues by 6.2% for a total of $1.33 billion.
Ethereum miners generated about 1.08 times more revenue than Bitcoin miners in April, according to data compiled by The Block Research.Most bitcoin revenues came from the block subsidy and only a small portion from transaction fees . Similarly, a larger portion of the Ethereum revenues came from the subsidy . Transaction fees totaled $82.88 million and uncle rewards $58.85 million.
The daily average gas price increased and came in around 54.7 gwei on a 30-day rolling average at the end of April.
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