Data from Luxor’s Hashrate Index shows that transaction fees in June so far have fallen to less than 1% of total block rewards for miners—the lowest since 2022, meaning the operations in the industry are earning less for their work. But the rising price of the asset is still not enough to ease the concerns of miners, according to CJ Burnett, Compass Mining's chief revenue officer. Typically, the price of Bitcoin tends to soar one year to 18 months following the halving, though Decrypt previously reported that the coin is lagging compared to previous cycles.
Author: Mathew Di Salvo
Published at: 2025-06-17 22:23:56
Still want to read the full version? Full article
