Data: Ethereum miners’ fee income yesterday reached $17 million, setting a new record

According to TheBlock, data from The Block Research showed that Ethereum miners generated an all-time high of $17 million in transaction fee income yesterday.

The figure is 3.7 times the highest amount recorded during the cryptocurrency price surge in December 2017 and January 2018. On the other hand, Bitcoin miners generated $1.5 million in transaction fees yesterday, just 9% of Ethereum miners’ fees.

Larry Cermak, research director at The Block, said that the surge in Ethereum transaction fees and the surge in miners' income could lead to an increase in the price of Ethereum mining machines in the secondary market. Cermak said this trend is good for mining chip manufacturers such as AMD and Nvidia.

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Data: Ethereum miners’ fee income yesterday reached $17 million, setting a new record

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