Mining Ethereum in 2023 is SUPER PROFITABLE… but why?! Ethereum has been increasing in price, but it’s all of the network usage that is dramatically driving up mining revenue!
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DeFi and earning passive income with cryptocurrency is really popular right now, and Ethereum enables BOTH of that easily with mining ETH and buying/selling/staking/trading/lending DeFi coins on the Ethereum blockchain. Ethereum will also be launching Ethereum 2.0 which allows staking to earn passive income in cryptocurrency on their blockchain. Let’s review in this video why mining is so profitable right now, and how its not just Ethereum’s recent increase in price that is raising mining profitability but also how the high transaction fees (gas) are all going to ETH miners, driving up mining profits substantially!
Links!
Ethereum mining revenue reaching annual all time high – http://voskco.in/g9TZ
Ethereum mining profitability spike on VoskCoinTalk – https://voskcointalk.com/t/wtf-is-up-with-the-sudden-eth-mining-profitability-spike/5706
Ethereum mining profitability ASIC miners – http://voskco.in/amv
Ethereum mining profitability GPU miners – http://voskco.in/RA45
Ethereum transactions fees reach all time highs – http://voskco.in/0Tq6
Ethereum transactions daily and tx fees daily – http://voskco.in/ucbl
Bitcoin and friends episode 1 w/ Vitalik Buterin – http://voskco.in/gVTc
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