Bitcoin Block Space Demand Decreases, Affecting Miners' Revenue

07/28 21:40

Bitcoin miners are experiencing a decrease in revenue due to a decline in demand for block space. Glassnode's block size chart shows a surge in size in February, but this was short-lived and followed by a decline. The introduction of inscriptions through Bitcoin Ordinals initially increased block size and fees, but a subsequent reduction in inscription volume has led to a more subdued state for block space and miner earnings. 
bullishbullishbullishBullishbearishbearishbearishBearishLikeShare
DisclaimerThe content above does not represent HTX's positions.HTX does not provide any trading recommendations.

All Comments0LatestHot

avatar
LatestHot