Bitcoin Miners’ Performance Following the Halving: A Month in Review

The recent surge in transaction fee revenue can be attributed, to some extent, to the Runes protocol. This protocol, coincidentally launched alongside the halving, has introduced a novel method of creating tokens on the Bitcoin blockchain. In the wake of its release, fees skyrocketed to an astonishing $150 per transaction, as traders hurriedly sought to mint tokens using this innovative standard.