{"id":79624,"date":"2023-06-01T20:17:28","date_gmt":"2023-06-01T17:17:28","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=79624"},"modified":"2025-09-11T12:05:13","modified_gmt":"2025-09-11T09:05:13","slug":"total-bitcoin-miners-revenue-in-may-topped-916-million","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/total-bitcoin-miners-revenue-in-may-topped-916-million\/","title":{"rendered":"Total Bitcoin miners’ revenue in May topped $916 million"},"content":{"rendered":"

Total Bitcoin miners’ revenue in May reached $916 million.<\/p>\n

The chart below shows the figure has been rising steadily since November last year.<\/p>\n

\"miner-rev\"
Data: The Block Crypto Data<\/a>.<\/figcaption><\/figure>\n

The share of fees in total inflows last month was about 13.7%. By comparison, in April this figure approached 3%.<\/p>\n

The rapid growth in miners’ fee income is likely linked to heightened on-chain activity due to the hype around Ordinals<\/a> and BRC-20.<\/p>\n

The aggregate volume of Bitcoin transactions in May reached 16.9 million, up 57% from April’s figure.<\/p>\n

\"tx-count-1\"
Data: The Block Crypto Data<\/a>.<\/figcaption><\/figure>\n

Earlier, ForkLog reported<\/a> that, due to the increased issuance of BRC-20 tokens, daily inflows of Bitcoin miners from fees per block exceeded the rewards from its mining.<\/p>\n","protected":false},"excerpt":{"rendered":"

Total Bitcoin miners’ revenue in May reached $916 million.<\/p>\n","protected":false},"author":1,"featured_media":79625,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1178,1137,1176],"class_list":["post-79624","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-blockchain-fees","tag-cryptocurrency-mining","tag-ordinals"],"aioseo_notices":[],"amp_enabled":true,"views":"25","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/79624","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=79624"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/79624\/revisions"}],"predecessor-version":[{"id":79626,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/79624\/revisions\/79626"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/79625"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=79624"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=79624"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=79624"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}