Runes TXs on Bitcoin have tanked over 88% this month
Bitcoin miners have earned less than 2 Bitcoin combined from Runes transactions over the last six straight days — an enormous drop from its record 884 Bitcoin on April 24. Go to Source
Runes transactions
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Despite Runes’ Transaction Dominance, Bitcoin Miners See Continued Revenue Drop
According to recent data, transactions linked to the Runes protocol have been notably high in block utilization since its implementation on April 19. Figures from April 23 show that transactions involving Runes accounted for 81% of block usage on that day. In contrast, traditional financial activities constituted only 18.8% of the transactions processed. As Runes … Read more
