In February, Bitcoin miners' income increased to $1.39 billion, and the amount of Ethereum destroyed exceeded 110,000 ETH

According to data from The Block Pro, Bitcoin miners' income increased to $1.39 billion in February, up 3.2%. In addition, Ethereum staking income saw a significant increase of about 14.3%, reaching $214 million. Furthermore, the Ethereum network burned a total of 110,898 ETH in February, equivalent to $311 million. The data shows that since the implementation of EIP-1559 in early August 2021, Ethereum has burned approximately 4.08 million ETH worth around $11.29 billion. However, the trading volume on the Ethereum NFT market decreased by 9.1% in February to around $753.1 million.