Nazar Khan is pleased that in the first few days, transactions with the Runes protocol significantly increased the volume of commission fees, causing an increase in the hashrate. According to the businessman, the fixed reward per block decreased from 6.25 BTC to 3.125 BTC, becoming “a kind of wild card for Bitcoin miners.”
“The launch of the Runes protocol has greatly supported miner income. The fees brought them up to 30% of their revenue.”
When planning the profitability of work after halving, mining companies assumed that the cost of mining the first cryptocurrency would drop to $37,000 per coin with a commission share of 10%. Any excess of this share allows miners to receive additional profit, notes the co-founder of TeraWulf.
In turn, analysts of the CoinShares platform believe that the average volume of commission fees in miners’ revenue will be from 15% to 30% in the coming months.
Previously, experts from the investment fund QCP Capital predicted that limiting the supply of Bitcoin would lead to stabilization of the cost of the first cryptocurrency in the short and medium term.
Source: Bits
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