Bitcoin moves over $5 billion in value but miners collect just $185,000 in transaction fees

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Bitcoin processed over $5 billion in on-chain value transfers in a single day, yet miners earned only $185,000 in transaction fees. This stark imbalance highlights the network’s continued reliance on the block subsidy rather than fee revenue to secure the blockchain. The consensus across reports underscores that fee income remains negligible relative to transferred value, implying limited miner incentive sustainability as halvings reduce subsidies.

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