quick take
- Bitcoin miner fees are still rising compared to the previous year.
- Currently, the total fee paid to miners is about 70 Bitcoins per day, or $1.8 million.
- This year, before the Ordinals and BRC-20 tokens became popular, miners received an average of about 20 Bitcoins daily.
- According to Glassnode data, the share of miner revenue coming from fees was about 8% as of June 2, but peaked at 50% during peak demand for BRC-20 tokens.
- Bitcoin miner balances are considered healthy as the fees they receive continue to rise.
Daily earnings increase to $1.8 million, with fees still rising since Bitcoin miner first appeared on CryptoSlate.
