Ethereum Miner Profitability Soars as Transaction Fees Hit Fresh All-Time Highs
Demand for the Ethereum blockchain has been rising at a rapid pace throughout the past several weeks and months, with the DeFi mania driving swathes of investors to decentralized exchanges like Uniswap to trade ERC-20 tokens.
One byproduct of this trendhas been a massive spike in the cost of fees to transact on Ethereum, which have hit fresh all-time highs, far outpacing those seen during the…
