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

June 3, 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 overall charge paid to miners is at present round 70 Bitcoin per day, $1.8 million.
Earlier than Ordinals and BRC-20 tokens grew to become a factor this 12 months, on common, miners acquired round 20 Bitcoin every day.
The proportion of miner income derived from charges is roughly 8%, in accordance with Glassnode information as of June 2, nevertheless it went as excessive as 50% throughout the peak demand for BRC-20 tokens.
We see Bitcoin miner stability to be wholesome as a result of ongoing elevated charges they’ve acquired.

Fees: (Source: Glassnode)
Charges: (Supply: Glassnode)

The put up Bitcoin miner charges keep elevated, boosting every day income to $1.8M appeared first on CryptoSlate.

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Tags: 1.8MBitcoinBoostingDailyelevatedFeesMinerrevenuestay
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