Bitcoin Miner Revenue Surpasses Ethereum by More Than $100M; Both Crash to 2022 Lows

Bitcoin Miner Revenue Surpasses Ethereum by More Than $100M; Both Crash to 2022 Lows

Bitcoin and Ethereum miners saw a further decline in revenue as bears from May carried on throughout June and led to sinking prices of both cryptocurrencies.

June proved to be the worst month for Ethereum miners in 2022. According to Be[In]Crypto Research, ETH miners were able to generate around $549.58 million in revenue in the sixth month of the year.

Source: Ethereum Miner Revenue Chart by the Block Crypto

Ethereum miners’ revenue for June was down $460.42 million from May 2022’s…


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