Bitcoin miners generated nearly $700 million in revenue in December, and Ethereum options positions hit a new high

Editor's Note: This article comes fromCybtc Blockchain (ID: cybtc_com), reprinted by Odaily with authorization.

Editor's Note: This article comes from

Cybtc Blockchain (ID: cybtc_com)

Cybtc Blockchain (ID: cybtc_com)

, reprinted by Odaily with authorization.

Bitcoin miners generated nearly $700 million in revenue in December, according to The Block Research.

Of the $693.2 million in revenue reported in December, $68.3 million came from transaction fees. Users pay miners fees for packaging transactions to give their transactions higher priority.

The December figure was the highest in 2020 and the most revenue generated in a given period since January 2018. During that month, Bitcoin miners brought in about $1 billion in revenue.