According to analysts, over the past few days, the indicator has fallen to 0.61%, despite the fact that the bitcoin exchange rate exceeds $ 100,000. This is one of the lowest levels from the beginning of 2022.
In May, the share of commission fees as a reward for one BTC block was an average of 1.3%. At this stage, with a reward of 3.125 BTC for the mined block, a share of less than 1% means that miners receive no more than 0.03 BTC from one block at the commissions.
At the same time, the complexity of the network remains at the record level, which exerts additional pressure on the profitability of production. Reducing profit from commissions can be caused by low activity in the Bitcoin network, experts suggest.
Earlier, the experts of the Cryptoquant platform said that the Hash Ribbons indicator reflecting the periods of stress in the Bitcoin mining market, for the first time after last year’s halving, indicated the so -called “miner surrender”.
Source: Bits
I am an experienced journalist, writer, and editor with a passion for finance and business news. I have been working in the journalism field for over 6 years, covering a variety of topics from finance to technology. As an author at World Stock Market, I specialize in finance business-related topics.
