Bitcoin Miners' Record Earnings Boosted by Runes Protocol
Sunday, 21 April 2024, 14:00
Bitcoin miners' revenue reached new heights driven by the Runes protocol
The surge in earnings was predominantly from transaction fees and block subsidies, showcasing the impact of the protocol on the mining ecosystem.
- Key Point: Runes protocol introduced meme coins into Bitcoin blockchain, leading to increased network activity.
- Trend: Post-halving mining activity witnessed a substantial increase, resulting in record revenues.
- Insight: Despite high fees, average transaction costs remained lower compared to previous years.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.