符文協議推出期間費用飆升，比特幣礦工收入飆升

鏈上數據顯示，比特幣礦工的手續費收入比最近呈現爆炸性成長。 Runes 是一種在比特幣網路上鑄造可替代代幣的新協議，它的發布導致了交易費用的飆升。這使得礦工收入達到創紀錄的 1.07 億美元，其中光是交易費用就達到了 8,050 萬美元。由於比特幣減半事件減少了區塊獎勵，礦工越來越依賴交易費來獲得收入。序號和符文的流行可能預示著未來此類應用程式會增加費用並為礦工提供可持續的收入來源。

Bitcoin Miner Revenue Skyrockets as Transaction Fees Surge Amidst Runes Protocol Launch

隨著符文協議的推出，交易費用飆升，比特幣礦工收入飆升

Introduction

介紹

In the wake of Bitcoin's fourth halving, an event that occurs approximately every four years and reduces the block rewards received by miners by half, a significant shift has occurred in miner revenue distribution. On-chain data reveals a dramatic surge in the percentage of miner revenue derived from transaction fees, attributed primarily to the release of the Runes protocol.

比特幣第四次減半（大約每四年發生一次）使礦工獲得的區塊獎勵減少了一半，在比特幣第四次減半之後，礦工收入分配發生了重大變化。鏈上數據顯示，來自交易費用的礦工收入百分比急劇上升，這主要歸因於 Runes 協議的發布。

The Runes Protocol: A Catalyst for Fee Inflation

符文協議：費用膨脹的催化劑

The Runes protocol, developed by Casey Rodarmor, the creator of the Ordinals protocol, introduces a novel mechanism for minting fungible tokens on the Bitcoin network. Unlike Ordinals inscriptions, which are unique and indivisible, Runes units are interchangeable and fungible, akin to traditional cryptocurrencies.

Runes 協議由 Ordinals 協議的創建者 Casey Rodarmor 開發，引入了一種在比特幣網路上鑄造可替代代幣的新穎機制。與獨特且不可分割的序數銘文不同，符文單位是可互換和可替代的，類似於傳統的加密貨幣。

The simplicity and efficiency of the Runes protocol, coupled with its on-chain presence and single-transaction requirement, have made it an attractive alternative to existing token standards like BRC-20. This has led to a surge in demand for Runes-related transactions, contributing substantially to the overall increase in transaction fees on the Bitcoin network.

Runes 協議的簡單性和效率，加上其鏈上存在和單筆交易要求，使其成為 BRC-20 等現有代幣標準的有吸引力的替代品。這導致了符文相關交易的需求激增，極大地推動了比特幣網路交易費用的整體成長。

The Impact of Halving on Miner Revenue

減半對礦工收入的影響

The recent halving has reduced block rewards significantly, tightening the primary source of revenue for miners. As block rewards continue to shrink with future halvings, miners will become increasingly reliant on transaction fees to maintain profitability.

最近的減半大大減少了區塊獎勵，並收緊了礦工的主要收入來源。隨著未來減半，區塊獎勵持續減少，礦工將越來越依賴交易費來維持獲利。

The surge in transaction fees spurred by the Runes protocol provides a glimpse into a potential future where applications built on top of Bitcoin could dominate the network and generate sufficient fees to sustain miners.

Runes 協議引發的交易費用激增讓我們看到了一個潛在的未來：基於比特幣構建的應用程式可以主導網路並產生足夠的費用來維持礦工的生存。

Historical Perspective on Transaction Fees

交易費用的歷史視角

Historically, transaction fees have played a secondary role in miner revenue compared to block rewards. However, the recent influx of applications on the Bitcoin network, including Ordinals inscriptions and Runes tokenization, has caused temporary fluctuations where fees have spiked to notable levels.

從歷史上看，與區塊獎勵相比，交易費用在礦工收入中扮演次要角色。然而，最近比特幣網路上大量應用程式（包括序數銘文和符文代幣化）造成了暫時的波動，費用飆升至顯著水平。

Data Analysis: Miner Revenue from Fees Soars

數據分析：礦工手續費收入激增

On-chain data provided by CryptoQuant Head of Research Julio Moreno reveals a significant spike in miner revenue from transfer fees coinciding with the launch of the Runes protocol. On the day of the launch, miner revenue from fees reached a record-breaking $80.5 million, accounting for approximately 75% of total miner revenue for that day.

CryptoQuant 研究主管 Julio Moreno 提供的鏈上數據顯示，隨著 Runes 協議的推出，礦工從轉帳費中獲得的收入大幅增加。上線當天，礦工手續費收入達到創紀錄的8,050萬美元，約佔當天礦工總收入的75%。

Implications for the Future of Bitcoin Mining

對比特幣挖礦未來的影響

The shift towards transaction fees as a primary revenue source for miners has important implications for the future of Bitcoin mining. As the block reward continues to diminish with each halving, miners will need to adapt their strategies to remain profitable.

交易費作為礦工主要收入來源的轉變對比特幣挖礦的未來有重要影響。隨著區塊獎勵隨著每次減半而持續減少，礦工將需要調整策略以保持獲利。

The rise of applications like Ordinals and Runes suggests that the Bitcoin network has the potential to support a vibrant ecosystem of on-chain applications and services, potentially generating sufficient fees to sustain the mining industry.

Ordinals 和 Runes 等應用程式的興起表明，比特幣網路有潛力支持充滿活力的鏈上應用程式和服務生態系統，並有可能產生足夠的費用來維持採礦業。

Current Bitcoin Price Status

當前比特幣價格狀況

Despite a brief dip below $60,000 in the lead-up to the halving, the price of Bitcoin has rebounded and is currently trading around $65,900. The asset's price has exhibited a positive trend in recent times.

儘管在減半前比特幣價格曾短暫跌破 6 萬美元，但其價格已反彈，目前交易價格約為 65,900 美元。該資產的價格近期呈現正面的趨勢。

Conclusion

結論

The launch of the Runes protocol has had a profound impact on the Bitcoin mining ecosystem, leading to a significant surge in transaction fees and a corresponding increase in miner revenue. As block rewards continue to decline in the future, miners will likely become increasingly reliant on fees to maintain profitability.

Runes協議的推出對比特幣挖礦生態產生了深遠影響，導致交易費用大幅飆升，礦工收入也相應增加。隨著未來區塊獎勵持續下降，礦工可能會越來越依賴費用來維持獲利。

The emergence of novel applications like Ordinals and Runes demonstrates the potential for the Bitcoin network to evolve into a platform for a wide range of on-chain activities, potentially generating sufficient revenue to sustain the mining industry and further enhance the utility and value of the cryptocurrency.

Ordinals 和 Runes 等新穎應用程式的出現表明，比特幣網路有潛力發展成為廣泛的鏈上活動平台，有可能產生足夠的收入來維持採礦業，並進一步提高加密貨幣的效用和價值。