Ethereum Miners’ ETH Holdings Near Record Highs
Ethereum miners are hoarding ether tokens, and this could indicate high confidence in the project.
Bitcoin’s price plunged Tuesday while DeFi is giving Ethereum miners more fee revenue, causing difficulty to hit a 2020 record.
Ethereum miners may have benefited the most from ether’s recent price rise and soaring transaction fees.
The bitcoin market went bearish as the price dipped while DeFi fees as a percentage of revenue for Ethereum miners is at an all-time high.
With EIP 1559, Ethereum developers are proposing a dynamic pricing system to lower the blockchain network's current high gas fees.
The largest U.S. Ethereum miner is redirecting the processing power of 6,000 specialized computer chips toward research to find a drug for the coronavirus.