2024

Rune

Bitcoin

April

Coin

<ul class="news-points">
 <li>Bitcoin miners hit a record-breaking revenue of $107 million on April 20, the second day of halving.</li>
 <li>Up to 75.44% of the revenue came from Bitcoin network transaction fees.&nbsp;</li>
 <li>Mining activities of the newly launched Rune protocol influenced the record-high revenue.</li>
</ul>
Bitcoin miners have attained a new milestone regarding revenue generated from validating transactions, coming <a href="https://coinedition.com/whats-next-for-bitcoin-price-as-it-officially-completes-the-2024-halving/" rel="noopener noreferrer nofollow">just after the 2024 halving</a>. Colin Wu’s media called attention to this development in a recent <a href="https://twitter.com/wublockchain/status/1781878036947976672" target="_blank" rel="noopener noreferrer nofollow">post</a> in X.&nbsp;
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.
<div class="wp-block-image">
 <figure class="aligncenter size-full"><img decoding="async" width="907" height="433" src="https://coinedition.com/wp-content/uploads/2024/04/11-1.png" alt="" class="wp-image-403719" srcset="https://coinedition.com/wp-content/uploads/2024/04/11-1.png 907w, https://coinedition.com/wp-content/uploads/2024/04/11-1-300x143.png 300w, https://coinedition.com/wp-content/uploads/2024/04/11-1-380x181.png 380w, https://coinedition.com/wp-content/uploads/2024/04/11-1-768x367.png 768w, https://coinedition.com/wp-content/uploads/2024/04/11-1-159x76.png 159w, https://coinedition.com/wp-content/uploads/2024/04/11-1-795x380.png 795w, https://coinedition.com/wp-content/uploads/2024/04/11-1-440x210.png 440w, https://coinedition.com/wp-content/uploads/2024/04/11-1-414x198.png 414w, https://coinedition.com/wp-content/uploads/2024/04/11-1-326x156.png 326w, https://coinedition.com/wp-content/uploads/2024/04/11-1-377x180.png 377w, https://coinedition.com/wp-content/uploads/2024/04/11-1-123x59.png 123w, https://coinedition.com/wp-content/uploads/2024/04/11-1-129x62.png 129w" sizes="(max-width: 907px) 100vw, 907px">
 <figcaption class="wp-element-caption">
 Chart of Bitcoin Miner’s revenue | Blockchain <a href="https://www.blockchain.com/explorer/charts/miners-revenue" target="_blank" rel="noopener noreferrer nofollow">Explorer</a>
 </figcaption>
 </figure>
</div>
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 <a href="https://coinedition.com/bitcoin-miner-revenue-soars-to-record-breaking-107m-post-halving/" rel="noopener noreferrer nofollow">Bitcoin Miner Revenue Soars to Record-breaking $107M Post-Halving</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Bitcoin Miner Revenue Soars to Record-breaking $107M Post-Halving

Coin Edition

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