In April, the revenue of bitcoin miners increased by $1.7 billion. In comparison to March 2021, this figure declined slightly.
Back then, miners generated a record $1,75 billion revenue. At the same time, transaction fees amounted to 14.5%, or $247 million, the record unseen since early 2018. On May 2nd, the value of the flagship cryptocurrency reached $56,623.
On April 22, the average transaction fee soared to $62.7. The recent change in mining revenue is probably caused by the shutdown of mining farms in Xinjiang, China, when the country faced power outages after the accident at the local coal mine.
