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CoinOtag 2024-06-30 06:59:11

Bitcoin Miners Face Record Low Reserves Amid Declining Transaction Fees and Dropping Interest in Runes

Bitcoin miners have dramatically decreased their holdings this year, resulting in significantly lower total reserves. Initially, Ordinals had driven miner revenues up thanks to high transaction fees, but this trend has reversed due to dropping interest and profits. Recent data indicates that miners are now selling off assets, influenced by a substantial decline in transaction

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