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TechFlow, Aug 3 — According to The Block data, Bitcoin miners' total revenue reached $1.66 billion in July, up 19.42% from $1.39 billion in June, an increase of approximately $270 million. This revenue level is the highest since the pre-halving peak of $1.79 billion in April 2024. Notably, in July 2024, only $16.43 million of the total revenue came from on-chain transaction fees, compared to $281.47 million in fees during April 2024.
According to data from The Block, Bitcoin miners' total revenue reached $1.66 billion in July, up 19.42% from $1.39 billion in June, an increase of approximately $270 million. This revenue level is the highest since April 2024's pre-halving peak of $1.79 billion. Notably, in July this year, only $16.43 million of total revenue came from on-chain transaction fees, compared to $281.47 million in transaction fee revenue in April 2024.
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