Bitcoin miners’ revenue fell sharply in May to $963 million, a 46% drop
Golden Finance reported that according to data from The Block Pro, due to the impact of the halving of Bitcoin block rewards in April, Bitcoin miners' income fell to US$963 million in May, a drop of 46%. In addition, Ethereum staking income rose by 4.1% to US$267 million. In addition, the Ethereum network destroyed a total of 26,747 ETH in May, equivalent to US$91.7 million. Data shows that since the implementation of EIP-1559 in early August 2021, Ethereum has destroyed a total of about 4.3 million ETH, worth about US$12.1 billion.
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