Bitcoin Inscriptions nearing 5M: miner’s future earnings amid economic uncertainty

quick take

• inscription This is the process of writing data to the blockchain via the Witness portion of a Bitcoin transaction.
• The total number of inscriptions is now approaching 5 million. As you can see, it mostly comes from text-based inscriptions.
• The inscription also generated a cumulative fee of 904 bitcoins.
• This brings huge profits to miners, but will this continue? Will we still see demand in the event of a true recession?

Bitcoin Inscription Approaching Post 5M: Future Earnings for Miners Amid Economic Uncertainty first appeared on CryptoSlate.