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So What If Bitcoin Fee Revenue Is Low

Introduction

Revenue for bitcoin miners from transaction charges is dropping to file lows, and fierce debates over the significance and long-term results of this information are raging on-line. Current charge income represents barely 1% of complete earnings for miners, a big drop from the peak of the most recent bullish market cycle when, in February 2021 for instance, charges had been over 13% of month-to-month income. This information has been the topic of intense disagreement on Twitter as everybody from decentralized finance researchers to Bloomberg journalists to professional cryptocurrency traders weigh in on the doom (or lack thereof) signaled for bitcoin by low charge income.


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