Ethereum miners made nearly ** percent less revenue in March 2025 when compared to the same in 2024 - a decline from previous months. In the past, miners recorded increasing revenues due Ethereum's role within the boom of Decentralized Finance (DeFi) and NFTs. This changed after Ethereum went from Proof of Work to Proof of Stake. Miner revenue normally consists of both block rewards, the initial reward when mining a coin, and future transaction fees whenever someone uses the coin you mined. This concept changed for Ethereum in late 2022.
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Statista. (April 22, 2025). Ethereum (ETH) miner revenue from August 2015 to March 2025 (in million U.S. dollars) [Graph]. In Statista. Retrieved July 11, 2025, from https://www.statista.com/statistics/1278432/ethereum-miner-revenue/
Statista. "Ethereum (ETH) miner revenue from August 2015 to March 2025 (in million U.S. dollars)." Chart. April 22, 2025. Statista. Accessed July 11, 2025. https://www.statista.com/statistics/1278432/ethereum-miner-revenue/
Statista. (2025). Ethereum (ETH) miner revenue from August 2015 to March 2025 (in million U.S. dollars). Statista. Statista Inc.. Accessed: July 11, 2025. https://www.statista.com/statistics/1278432/ethereum-miner-revenue/
Statista. "Ethereum (Eth) Miner Revenue from August 2015 to March 2025 (in Million U.S. Dollars)." Statista, Statista Inc., 22 Apr 2025, https://www.statista.com/statistics/1278432/ethereum-miner-revenue/
Statista, Ethereum (ETH) miner revenue from August 2015 to March 2025 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1278432/ethereum-miner-revenue/ (last visited July 11, 2025)
Ethereum (ETH) miner revenue from August 2015 to March 2025 (in million U.S. dollars) [Graph], Statista, April 22, 2025. [Online]. Available: https://www.statista.com/statistics/1278432/ethereum-miner-revenue/