- Bitcoin miners hit a record-breaking revenue of $107 million on April 20, the second day of halving.
- Up to 75.44% of the revenue came from Bitcoin network transaction fees.
- Mining activities of the newly launched Rune protocol influenced the record-high revenue.
Bitcoin miners have attained a new milestone regarding revenue generated from validating transactions, coming just after the 2024 halving. Colin Wu’s media called attention to this development in a recent post in X.
According to statistics from Blockchain Explorer, Bitcoin miners’ revenue clocked $107.7 million on April 20. Up to 75.44% of the revenue reportedly came from network transaction fees. Notably, the generated revenue and the network transactions of April 20 were unprecedented figures.
Chart of Bitcoin Miner’s revenue | Blockchain Explorer
It is worth mentioning that on April 19, Bitcoin miners’ review was approximately $71 million. While miners’ revenue mirrored the path of Bitcoin’s price in the last few months, the new record high revenue of $107.7 million broke out of the pattern.
Meanwhile, Colin Wu hig…
The post Bitcoin Miner Revenue Soars to Record-breaking $107M Post-Halving appeared first on Coin Edition.