Bitcoin miners' incomes fall from 48% to half the impact of the impact

Bitcoin income (BTC), miners fell 48% daily after the third halving, the full impact of the periodic power outage having started to take effect.

According to The data From the crypto firm Blockchain, the total value of block grants and transaction fees paid to miners fell to $ 8.95 million on May 12 from $ 17.16 million the day before.

The third half of Bitcoin on May 11 cut the rate at which new coins were created, reducing the bonus paid to miners for solving complex math puzzles that underlie the network by 50% to 6.25 BTC per block.

Revenues peaked at $ 20.61 million on May 6, but have trended downward since. According to Blockchain data, miners' income has ranged from $ 7.89 million to $ 28.60 million in the past 52 weeks, the lowest being reached in March when the price of BTC

up to 27% collapsed in one day.

Of the income of minors in half, about 13% is made up of transaction fees, the figures show.

Fees are paid each time a Bitcoin transaction is processed and confirmed by a miner, who keeps the fees, in addition to the block reward, as income.

As mining revenues decline and companies close, Bitcoin transaction fees are now seen as a realistic option to help miners stay afloat.

In the future, higher rates could also be used to meet the growing demand for transaction processing while ensuring network security, according to experts. After the last halving, transaction costs have soared more than 400%.