“Dogecoin Miners Revenue Up 4,500% This Year”
April 28, 2021
“
- The price of dogecoin has rallied by 7,000% this year, sending miner revenue skywards.
- The meme-based cryptocurrency reached a record high of 45 cents on April 18 and was last seen changing hands near 32 cents, up nearly 20% rise on a 24-hour basis.
- Data provided by Coin Metrics shows a 60-fold increase in daily transaction fees this year alongside several brief spikes in the number of daily transactions.
- However, transaction fees brought in just $23,200 or 0.64% of the total miner revenue of $3.6 million on April 26…”
https://www.coindesk.com/dogecoin-miners-revenue-up-4500-this-year