According to Odaily, data from Glassnode indicates a significant shift in the source of income for Bitcoin miners, primarily driven by transaction fees. At the beginning of 2024, the proportion of miners' income derived from transaction fees peaked at nearly 72% in April, then stabilized at a lower level. This change is associated with the launch of Runes during the halving period, indicating an increase in transaction processing demand.
Historical data shows that a surge in fee income is usually related to price fluctuations or network activity. The latest trends suggest that when Bitcoin prices and network activity increase, miners can profit from transaction fees, highlighting the key role of transaction fees in miners' income. Understanding these trends is very important for predicting the financial health of miners and the network economy.