Ethereum Miner Revenue Falls To 5-Year Low; Hashrate Stays High

On Sunday, Ethereum (CRYPTO: ETH) miner revenue fell to a 5-year low of under $23,600, the last 5-year low was under $47,150 on December 25, 2019. 2Miners’ Ethereum hashrate chart shows that today the network also saw a hashrate all-time high of 1.09 petahashes per second.

What Happened: Glassnode Alerts, the Twitter profile sharing on-chain trends of blockchain data firm Glassnode, showed the record in a Monday tweet. As pointed out in a separate tweet sent on the same day, the drop …

Full story available on Benzinga.com

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