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Home Crypto Exchanges

Bitcoin miner fees stay elevated, boosting daily revenue to $1.8M

by Crypto News Global
June 4, 2023
in Crypto Exchanges
Reading Time: 1 min read
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Fast Take

  • Taking a look at Bitcoin miner charges, they’re nonetheless elevated in comparison with earlier years.
  • The entire payment paid to miners is at the moment round 70 Bitcoin per day, $1.8 million.
  • Earlier than Ordinals and BRC-20 tokens grew to become a factor this yr, on common, miners obtained round 20 Bitcoin day by day.
  • The share of miner income derived from charges is roughly 8%, in line with Glassnode information as of June 2, nevertheless it went as excessive as 50% through the peak demand for BRC-20 tokens.
  • We see Bitcoin miner steadiness to be wholesome because of the ongoing elevated charges they’ve obtained.
Fees: (Source: Glassnode)
Charges: (Supply: Glassnode)

The submit Bitcoin miner charges keep elevated, boosting day by day income to $1.8M appeared first on CryptoSlate.

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