Pushed by heightened demand for (BTC) block area, fueled by Ordinals inscriptions and the PEPE-fueled BRC-20 memecoin mania, miners have grow to be direct beneficiaries of a sudden increase in transaction charges, growing their backside strains.
This surge has resulted in an unprecedented enhance within the common variety of transactions, and consequently income per BTC block mined.
Bitcoin common charge paid per block. Supply: GlassnodeEvery day Income of Bitcoin Miners. Supply: Coin MetricsRIOT and MARA worth charts. Supply: TradingViewYr-to-date returns of RIOT, MARA and BTC. Supply: TradingViewMarathon Digital Holdings brief curiosity information. Supply: FintelRiot Platforms brief curiosity information. Supply: FintelMARA worth chart. Supply: TradingViewRIOT worth chart. Supply: TradingView