Bitcoin’s fourth halving introduced a long-term and a short-term shift in miner revenue composition as it reduced the amount of BTC rewarded to miners for each mined block by 50% — directly impacting miner incentives and, by extension, the broader Bitcoin economy. On April 19, just before the halving, transaction fees constituted 11% of total […]
![Bitcoin transaction fees surge to make up 75% of miner revenue post-halving](https://cryptoslate.com/wp-content/themes/cryptoslate-2020/imgresize/timthumb.php?src=https://cryptoslate.com/wp-content/uploads/2024/04/bitcoin-halving-1-4.jpg&w=70&h=37&q=75)
Bitcoin transaction fees surge to make up 75% of miner revenue post-halving
Bitcoin's fourth halving drastically shifted miner revenue towards transaction fees, showing a potential future reliance on fees for blockchain sustainability.
![Bitcoin transaction fees surge to make up 75% of miner revenue post-halving](https://cryptoslate.com/wp-content/uploads/2024/04/bitcoin-halving-1-4-768x403.jpg)
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