Bitcoin miner revenue derived from fees drops to 7%

exchange68September 13, 2024

0 0 2 minutes read

The cryptocurrency world has seen a new “flippening” as Bitcoin miner fees exploded due to the demand for Inscriptions and BRC-20 tokens. This unusual event even surpassed block rewards for miners. While BRC-20 tokens lost $600 million in market cap within just four days, something significant happened after May 8 regarding the percentage of Bitcoin miner revenue derived from fees. Discover what occurred and its implications for the market by…

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