

Bitcoin miners' income hits a new high of $107 million in a single day! Will income increase instead of decrease after halving?
This site (120bTC.coM): The fourth Bitcoin halving was officially completed on the morning of Saturday, April 20, Beijing time, and the block reward was reduced from 6.25 BTC to 3.125 BTC. BTC. Originally, the outside world was worried that miners' income would be cut in half after the halving, and BTC might be sold in order to maintain miners' operating costs.
However, CryptoQuant research director Julio Moreno shared data showing that Bitcoin miners’ income reached US$107 million yesterday, setting a record high, significantly exceeding the single-day record of US$77 million set in April 2021.
We know that the income of Bitcoin miners consists of 1. Block rewards and 2. Transaction fees. Of the record revenue of US$107 million, the largest proportion was transaction fees, accounting for 75% (US$80.5 million), and the remaining US$26.2 million was block rewards, accounting for only about 24.6%.
Bitcoin miner income changes
SC&P executive Baylor Landry also said that the last 77 blocks before the fourth halving combined, Miners’ income is only US$35 million, but after the fourth halving, the first 77 blocks have generated a total of US$75 million in miner income, and the halving is more like a doubling. But can this situation last?
Runes pushes up the transaction fees to increase sharply
The reason why Bitcoin transaction fees will increase sharply after the halving is mainly due to the Bitcoin homogeneous tokens that were launched simultaneously with the halving. Protocol Runes related. After the protocol went online, users rushed to mint rune tokens, causing Bitcoin transaction fees to skyrocket, with high-priority fees once exceeding 2,200 Sat (approximately US$200).
Duneanalytics data shows that after the halving, transactions related to the Runes protocol accounted for 57.7% of the overall Bitcoin transactions.
Transactions related to the Runes protocol have surged
BTC transaction fees have fallen
However, the current Bitcoin transaction fees have dropped significantly , according to mempool data:
The current no-priority fee is 14Sat ($1.29)/byte
The low-priority fee is 76Sat ($6.98)/byte
Medium priority costs 84Sat ($7.71)/byte
High priority costs 93Sat (USD 8.54)/Byte
Unless the popularity of Runes continues, it is reasonable to judge that miners’ income will return to normal values. If the currency price does not increase significantly, it may even be higher than before the halving. Low.
The above is the detailed content of Bitcoin miners' income hits a new high of $107 million in a single day! Will income increase instead of decrease after halving?. For more information, please follow other related articles on the PHP Chinese website!

The decision was made in part because a “path to profitability” was unrealistic, Gitcoin co-founder Kevin Owocki said in a statement.

The XRP price has stabilized at $2.13, with a 24-hour trading volume of $2.33 billion. However, its momentum has slowed, leaving investors seeking the next top crypto pick.

Investor and CEO Cathie Wood's ARK Invest firm projects that Bitcoin could reach $1.5 million per coin by 2030

"For cryptocurrencies, market liquidity, even if it may seem ok at times, is especially during crises naturally called into question"

As the US President Donald Trump announced a 90-day delay for the tariffs on cryptocurrency imports, speculators and investors began to outline potential risks to the broader cryptocurrency market.

This Olympics-themed coin is highly sought after by collectors if it features a specific design.

This coin is highly prized by collectors if it features a specific design.

This Olympics-themed coin is highly sought after by collectors if it features a specific design.

Hot AI Tools

Undresser.AI Undress
AI-powered app for creating realistic nude photos

AI Clothes Remover
Online AI tool for removing clothes from photos.

Undress AI Tool
Undress images for free

Clothoff.io
AI clothes remover

Video Face Swap
Swap faces in any video effortlessly with our completely free AI face swap tool!

Hot Article

Hot Tools

WebStorm Mac version
Useful JavaScript development tools

mPDF
mPDF is a PHP library that can generate PDF files from UTF-8 encoded HTML. The original author, Ian Back, wrote mPDF to output PDF files "on the fly" from his website and handle different languages. It is slower than original scripts like HTML2FPDF and produces larger files when using Unicode fonts, but supports CSS styles etc. and has a lot of enhancements. Supports almost all languages, including RTL (Arabic and Hebrew) and CJK (Chinese, Japanese and Korean). Supports nested block-level elements (such as P, DIV),

EditPlus Chinese cracked version
Small size, syntax highlighting, does not support code prompt function

DVWA
Damn Vulnerable Web App (DVWA) is a PHP/MySQL web application that is very vulnerable. Its main goals are to be an aid for security professionals to test their skills and tools in a legal environment, to help web developers better understand the process of securing web applications, and to help teachers/students teach/learn in a classroom environment Web application security. The goal of DVWA is to practice some of the most common web vulnerabilities through a simple and straightforward interface, with varying degrees of difficulty. Please note that this software

SublimeText3 English version
Recommended: Win version, supports code prompts!
