Express

Block Subsidy Now Dominates Bitcoin Miner Revenue as Transaction Fees Dwindle

Shawn

Summary: Bitcoin miners are increasingly reliant on block subsidies, which now make up nearly all of their revenue following the halving earlier this year. On Sept. 13, only 1.6% of daily miner revenue came from transaction fees, a sharp drop from previous highs when fees accounted for over 40%. The decline in on-chain activity, particularly from ...

Bitcoin miners are increasingly reliant on block subsidies, which now make up nearly all of their revenue following the halving earlier this year. On Sept. 13, only 1.6% of daily miner revenue came from transaction fees, a sharp drop from previous highs when fees accounted for over 40%. The decline in on-chain activity, particularly from trends like Ordinals and Runes, has contributed to the lower fee income, raising concerns about the long-term sustainability of Bitcoin's security model as block rewards continue to decrease.

Last Update:

Tags: ,,
Link: Block Subsidy Now Dominates Bitcoin Miner Revenue as Transaction Fees Dwindle   [Copy]
Next:

Related Articles

  • Bitcoin Weekly Analysis: Volume-Price Divergence and High-Level Consolidation Anticipat... 2 days ago
  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 3 days ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 6 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 7 days ago
  • Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 9 days ago

    • You need to login to comment.