Mining Ethereum made increasingly more money over the course of 2020 and early 2021, with profits effectively doubling within a single month. During the mining of cryptocurrencies, a computer is trying to solve complicated logic puzzles to verify transactions in the blockchain. When this process is completed, the miner receives cryptocurrency as a block reward. The underlying current is that machines with more computing power - or hashrate - are likely to solve more puzzles, and therefore mine more cryptocurrencies. Whether a miner can make money with this depends on various costs such as electricity consumption during this process, transaction fees or whether the hardware used is efficient or not.
Mining profitability of Ethereum per day from July 2015 to May 1, 2022
(in U.S. dollar per day for one Megahash/s)
Adjust the presentation of the statistic and data points.
Share the statistic on social media channels or embed the statistic in your
website using "Embed Code", where available.
Cite this statistic and select one of the following formats: APA, Chicago, Harvard, MLA & Bluebook.
Print the statistic including description and metadata.
Chart type
Mining profitability of Ethereum per day from July 2015 to May 1, 2022
Share this statistic
You have no right to use this feature.
Make sure to contact us if you are interested in scientific citation.
You can upgrade your account to enable this functionality for all statistics.
This feature is not available with your current account.Request access
Learn more about how Statista can support your business.
BitInfoCharts. (May 2, 2022). Mining profitability of Ethereum per day from July 2015 to May 1, 2022 (in U.S. dollar per day for one Megahash/s) [Graph]. In Statista. Retrieved April 07, 2025, from https://www.statista.com/statistics/1201657/ethereum-mining-profitability/
BitInfoCharts. "Mining profitability of Ethereum per day from July 2015 to May 1, 2022 (in U.S. dollar per day for one Megahash/s)." Chart. May 2, 2022. Statista. Accessed April 07, 2025. https://www.statista.com/statistics/1201657/ethereum-mining-profitability/
BitInfoCharts. (2022). Mining profitability of Ethereum per day from July 2015 to May 1, 2022 (in U.S. dollar per day for one Megahash/s). Statista. Statista Inc.. Accessed: April 07, 2025. https://www.statista.com/statistics/1201657/ethereum-mining-profitability/
BitInfoCharts. "Mining Profitability of Ethereum per Day from July 2015 to May 1, 2022 (in U.S. Dollar per Day for One Megahash/S)." Statista, Statista Inc., 2 May 2022, https://www.statista.com/statistics/1201657/ethereum-mining-profitability/
BitInfoCharts, Mining profitability of Ethereum per day from July 2015 to May 1, 2022 (in U.S. dollar per day for one Megahash/s) Statista, https://www.statista.com/statistics/1201657/ethereum-mining-profitability/ (last visited April 07, 2025)
Mining profitability of Ethereum per day from July 2015 to May 1, 2022 (in U.S. dollar per day for one Megahash/s) [Graph], BitInfoCharts, May 2, 2022. [Online]. Available: https://www.statista.com/statistics/1201657/ethereum-mining-profitability/
Profit from additional features with an Employee Account
Please create an employee account to be able to mark statistics as favorites.
Then you can access your favorite statistics via the star in the header.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
