The head of TeraWulf called Runes a “lifeline” for Bitcoin miners

#runes #комиссии #майнинг

The launch of the Runes protocol seriously supported the income of miners after the halving due to the increase in commissions. TeraWulf co-founder and CEO Nazar Khan said this in an interview with Cointelegraph.

On the day of the fourth block reward halving on April 20, the average transaction fee jumped to a record $128.45. According to BitInfoCharts, the figure has corrected to ~$13 at the time of writing. When planning the profitability of work after halving, the company assumed that the cost of bitcoin mining would be $37,000 with a commission share of 10%. Any excess of this figure means that mining at TeraWulf becomes more profitable, Khan emphasized.

According to CoinShares specialists, the average volume of fees in revenue in the coming months will be approximately 15%. Only on peak days the figure will reach 30%, the company admitted.

The excitement around Runes has noticeably subsided since its launch: the share of transactions dropped from a maximum of 81% to 30%, as follows from the dashboard data on Dune. In the volume of commissions received by miners, the figure decreased from 69.5% to 16%