Bitcoin Miner Revenues Dip: What's Behind the Decline? 📉💰
Despite #Bitcoin holding strong above $55k, miner revenues have seen a dip since the March peak due to:
• Lower Transfer Demand 📉
• Declining Fees from Runes and Inscriptions 🪙
• Reduced Fee Pressure 💸
Currently, miners are banking:
• $824M from Block Subsidies 📥 (down 22% from its peak)
• $20M from #Transaction Fees 💵
Is this a new trend or a temporary setback? The revenue might not match previous highs, but with Bitcoin price, #miners are still in a lucrative spot.
