Block reward takes the lead!!! Bitcoin miners earn an astonishing $67.31 billion
As of December 5, Bitcoin miners have earned a total revenue of $71.49 billion for maintaining network security and processing transactions. Of this, $67.31 billion comes from block rewards, which serve as the core incentive mechanism for miners to maintain network stability, while another $4.18 billion comes from transaction fees, reflecting users' high demand and value recognition for the Bitcoin network.
This data not only highlights the economic sustainability of the Bitcoin network as a decentralized system but also reveals the key role of miners—while protecting network security, they are also important economic drivers of the Bitcoin ecosystem. As block rewards gradually halve, the proportion of transaction fees in miners' earnings may continue to increase, which will promote further optimization of network efficiency and the development of the fee market.
The success story of Bitcoin is a model of the perfect combination of technological innovation and economic incentives. If you want to unlock more secrets of blockchain economics, follow Mr. Qiu and explore the other side of wealth together!