Perhaps due to a sharp drop in Ordinals transactions, Bitcoin miner rewards and fees dropped by more

A bitcoin By IN 2024-01-12 69
Based on data from IntoTheBlock, the Bitcoin miner reward and fee saw a dramatic decline of over 50% this week, which may be attributed to a substantial decrease in the volume of Ordinals transactions. The total amount received by Bitcoin miners in rewards and fees for the week amounted to $32.6 million, reflecting a significant impact on the mining ecosystem.