比特幣礦工透過創新協議在交易費飆升期間兌現

由於比特幣符文的交易費用增加，比特幣礦工的收入正在增加，比特幣符文是一種允許在比特幣上發行可替代代幣的協議。自減半以來，這些費用約佔區塊獎勵的 30%，為礦工收入增加了近 1 個 BTC。由於交易費用仍然高於歷史平均水平，這一增長預計將降低採礦成本並提高 TeraWulf（最大的比特幣礦業公司之一）等公司的盈利能力。

Bitcoin Miners Cash In on Surge in Transaction Fees from Bitcoin Runes

比特幣礦工因比特幣符文交易費用激增而獲利

The Bitcoin halving, a predetermined event that reduces the block reward for miners by 50%, has had a significant impact on the industry. While the halving typically leads to a decline in miner revenue, a new revenue stream has emerged: increased transaction fees from Bitcoin Runes, a novel protocol for issuing fungible tokens on the Bitcoin network.

比特幣減半是一個預定事件，它將礦工的區塊獎勵減少了 50%，對產業產生了重大影響。雖然減半通常會導致礦工收入下降，但新的收入來源已經出現：比特幣符文（一種在比特幣網路上發行可替代代幣的新穎協議）的交易費用增加。

TeraWulf, a leading Bitcoin mining firm, has reported a substantial increase in transaction fees since the introduction of Bitcoin Runes. "Runes significantly increased the transaction fees," said Nazar Khan, co-founder and CEO of TeraWulf. "[This] resulted in an increase in the hash price in the 24-30 hours following the halving."

領先的比特幣挖礦公司 TeraWulf 報告稱，自從引入比特幣符文以來，交易費用大幅增加。 TeraWulf 聯合創始人兼首席執行官 Nazar Khan 表示：“符文顯著提高了交易費用。” “[這]導致減半後 24-30 小時內哈希價格上漲。”

Transaction fees have since declined but remain elevated compared to historical averages. This surge in fees has provided a much-needed financial lifeline for miners, who have seen their block rewards slashed in half. According to Cryptoquant data, total Bitcoin transaction fees reached a peak of 1,257 BTC on April 20, the day of the halving, and stood at 105 BTC on April 25.

此後交易費用有所下降，但與歷史平均值相比仍處於較高水準。費用的飆升為礦工提供了急需的財務生命線，他們的區塊獎勵被削減了一半。根據 Cryptoquant 的數據，比特幣總交易費用在 4 月 20 日（減半當天）達到高峰 1,257 BTC，並在 4 月 25 日達到 105 BTC。

"Transaction fees are the wild card for Bitcoin miners," explained Khan. "As the rest of the Bitcoin block reward is fixed, transaction fees provide additional revenue and can significantly impact miner profitability."

「交易費用是比特幣礦工的通配符，」汗解釋道。 “由於比特幣區塊獎勵的其餘部分是固定的，交易費用提供了額外的收入，並且可以顯著影響礦工的盈利能力。”

On average, transaction fees have accounted for 30% of total Bitcoin block rewards since the halving, equating to an additional BTC for miners. "This is very significant," said Khan. "It essentially doubles the block reward that miners receive."

平均而言，自減半以來，交易費用已佔比特幣區塊獎勵總額的 30%，相當於礦工額外獲得了 BTC。 「這非常重要，」汗說。 “它本質上使礦工獲得的區塊獎勵增加了一倍。”

In 2023, transaction fees averaged only 10% of block rewards. TeraWulf's initial post-halving Bitcoin production cost estimate of $37,000 per BTC was based on a conservative 10% average transaction fee assumption.

2023 年，交易費用平均僅為區塊獎勵的 10%。 TeraWulf 最初的比特幣減半後生產成本估計為每 BTC 37,000 美元，這是基於保守的 10% 平均交易費假設。

However, with transaction fees now exceeding that level, TeraWulf's production costs are expected to be lower, boosting its profitability. "To the extent that transaction fees remain elevated, we will recognize a lower production cost," said Khan. "This means that even with a halving, we will be highly profitable."

然而，隨著交易費用現已超過該水平，TeraWulf 的生產成本預計將降低，從而提高其獲利能力。 「如果交易費用仍然較高，我們將認識到生產成本較低，」汗說。 “這意味著即使減半，我們也將獲得高額利潤。”

TeraWulf, ranked eighth among major Bitcoin mining firms with a market capitalization of over $750 million, is planning further expansions despite the halving. This expansion strategy underscores the company's confidence in the long-term viability of Bitcoin mining and its ability to generate substantial revenue from transaction fees.

TeraWulf 在市值超過 7.5 億美元的主要比特幣挖礦公司中排名第八，儘管減半，但仍計劃進一步擴張。這項擴張策略強調了該公司對比特幣挖礦的長期生存能力及其從交易費用中產生大量收入的能力的信心。

The emergence of Bitcoin Runes and the subsequent increase in transaction fees have provided a welcome boost to the Bitcoin mining industry. As the Bitcoin network continues to evolve, new protocols and applications are likely to emerge, offering additional revenue streams for miners and ensuring the long-term sustainability of the network.

比特幣符文的出現以及隨後交易費用的上漲為比特幣挖礦業提供了可喜的推動力。隨著比特幣網路的不斷發展，新的協議和應用程式可能會出現，為礦工提供額外的收入來源並確保網路的長期可持續性。