Bitcoin Miner Revenues Dip: What’s Behind the Decline?
Bitcoin remains above $55,000, yet miner revenues have dipped since March’s peak. Key factors include:
Decreased transfer demand
Lower fees from runes and inscriptions
Reduced fee pressure
Currently, miners are seeing:
$824 million from block subsidies (down 22% from peak)
$20 million from transaction fees
Is this a new trend or just a temporary setback? Although revenue levels are lower, the current Bitcoin price keeps miners in a profitable position.
