Analysis: The proportion of inscriptions in Bitcoin transaction fees has increased, and miners' revenue generation methods may change

ChainCatcher news, the revenue structure of the Bitcoin mining industry is undergoing significant changes. Analysis shows that miners have recently seen a substantial increase in fee income from processing transactions. Last week, these fees exceeded the standard block reward, indicating that the traditional way miners generate income may be shifting.

Typically, miners' income comes from block rewards and transaction fees. In the past week, transaction fees accounted for about 30% of their total revenue, dropping to 15% on December 24. According to Glassnode data, the proportion of inscriptions within these fees is increasing.

Moreover, if the trend of declining total revenue for miners continues (partly due to the high costs of mining operations), and the proportion of inscriptions in total fees continues to grow, miners may increasingly support inscriptions.