February 3, 2020, 6:33AM EST
• 1 min read

Ethereum miners generated $936 million in 2019; 75% less than in 2018

Quick Take

  • Ethereum miners have generated $936M in revenue in 2019 — $901M from subsidies and $35M from fees
  • This is down 75% from revenues of $3.78B in 2018
  • Ethereum miners have made more revenue in January 2018 than in the last 9 months combined
  • Ethereum miners generated only about 19% of the revenue of Bitcoin miners, down 72% in 2018

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