Summary: Revenue from Ethereum mining has surpassed proceeds boasted by Bitcoin miners. Arcane research shows that ETH miners have generated around $11 billion in 2022 so far. Bitcoin miners have managed $10 billion as of press time. Ethereum’s switch to Proof-of-work could ultimately eliminate the role of miners on the network. The transition dubbed “The Merge” is scheduled for September 19, as previously reported. Speculations of an Ethereum hard fork have emerged in the past few weeks leading up to […]
