Bitcoin miners’ income reached US$1.15 billion in November, and a total of approximately 102,000 ETH were destroyed on the Ethereum network
Bitcoin miner revenue increased by 30.1% to $1.15 billion in November, and Ethereum staking revenue increased by 25.7% to $158 million.
In November, the Ethereum network destroyed a total of 102,018 ETH, equivalent to approximately $204 million. Since the implementation of EIP-1559 in early August 2021, Ethereum has destroyed approximately 3.77 million ETH, equivalent to $10.51 billion.
Adjusted total on-chain transaction volume for Bitcoin and Ethereum in November increased by 29.8% to $255 billion, with Bitcoin on-chain transaction volume increasing by 21.2% and Ethereum on-chain transaction volume increasing by 43.9%.
Adjusted stablecoin on-chain transaction volume increased by 7.6% to $596.5 billion; the total supply increased by 3.7% to $120.1 billion, with USDT and USDC accounting for 74.8% and 18.7% of the market share, respectively.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
MicroStrategy acquires another 55,500 bitcoin for $5.4 billion, taking holdings to 386,700 BTC
MicroStrategy has purchased another 55,500 BTC for approximately $5.4 billion at an average price of $97,862 per bitcoin.The latest acquisitions follow MicroStrategy’s completion of a $3 billion debt offering and sale of 5,597,849 shares for $2.46 billion.
MicroStrategy expands Bitcoin holdings with $5.4B purchase
Solana DEX volume hits record high: Is SOL price headed to $300?
Trending news
MoreCrypto prices
More
