ETH Mining Brought in $800 Million in January
Miners' revenue in January totaled $800 million
This figure is higher than after the bull market in 2018. More than 40% of the revenue ($311 million) came from commissions for adding transactions to blocks.
According to F2Pool, the most efficient hardware for mining ETH is the Nvidia RTX 3080 GPU and InnoSilicon A10 Pro ASIC. With this equipment, you can earn up to $62 daily.
Despite the high earnings, miners faced a shortage of equipment. Especially high demand for GPUs and ASICs with Ethash algorithm. The manufacturers sold the equipment a couple of blocks in advance.
Because of this demand, gamers who play graphics-intensive AMD and Nvidia video cards are also in great need of video cards.