BeInCrypto - Despite a short-lived boost from the Runes protocol, Bitcoin miner revenue dipped after the halving event due to reduced block rewards and fluctuating transaction fees

https://beincrypto.com/bitcoin-miner-revenue-runes-post-halving/

Bitcoin miner revenue took a hit after the recent halving event, with daily earnings dropping 35% from pre-halving levels.

While a surge in transaction fees due to the launch of the Runes protocol initially boosted revenue, it was short-lived.

This decline in block rewards and fluctuating fees puts pressure on miners, forcing them to adapt and potentially consolidate within the industry.

Beware of Bitcoin's Runes hype!!