Total revenue of BTC miners in February amounted to $627.4 million, an increase of 4% compared to January.
The average commission per Bitcoin transaction increased by 22% in February, from $1.49 to $1.82. During the same period, the corresponding Ethereum indicator decreased by 7.2%, from $5 to $4.64.
The share of commissions in revenue increased to 2.28% from 1.38% in January.
Subscribe to our Telegram channel to get daily short digests about events that shape the crypto world
The Bitcoin hashrate increased last month by 6.73% driven by the overall market recovery, updating the high at around 319.4 Eh/s.
The invariably upward trend indicates industry participants' confidence in the long-term prospects of BTC and mining in particular.
The difficulty related to Bitcoin mining hashrate has once again updated its all-time high around 43.05 T. As a result of the latest recalculation, the indicator increased by 9.95%.