For the third month in a row, the profits of Ethereum mining exceeded the earnings of those who chose other cryptocurrencies. Even bitcoin mining has not become as profitable as ether. Although BTC miners' earnings increased in March, Ethereum producers are earning about 10% more.
March was a tough month in terms of mining the world's first virtual currency created on the blockchain platform. Be [In] Crypto Research analysts say the total revenue of bitcoin miners for the third month of 2022 is $1.21 billion. Compared to March 2021, the decrease is almost 30%, after which the industry generates about 1.75 billion dollars.
Ethereum Continues to Overtake Bitcoin in Mining Profit . Its miners managed to generate $1.34 billion in revenue compared to $1.21 billion for bitcoin. The reason lies in the token value change. You can also see https://dailyinfo.blog/ethereum-osystem-in-march-again-became-more-profitable-than-bitcoin-ooter.html
If we summarize the discussion of photo reasons influence the calculation of the minor's profit, we can draw the following conclusion. A key driver of the increase in mining revenue in March 2022 was the rising digital asset prices. Since the Ethereum exchange rate has increased more by a percentage than the bitcoin quote, ETH generation has proven to be more profitable than BTC mining.
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