比特币交易费用在减半和有序创新中超越以太坊

由于矿工和交易者预计即将到来的比特币减半事件以及新的比特币代币标准 Runes 的推出，比特币交易费用已连续三天超过以太坊。费用的激增与 BRC-20 代币价格的下降同时发生，这表明交易者的注意力可能会转向符文。矿工依靠更高的费用和比特币价格的持续上涨来抵消减半造成的收入减少。

Bitcoin Transaction Fees Eclipse Ethereum Amid Halving and Ordinal Innovations

在减半和有序创新中，比特币交易费用超越以太坊

As the highly anticipated Bitcoin halving event draws near, transaction fees on the Bitcoin blockchain have outpaced those on Ethereum for an unprecedented three consecutive days. This surge in fees underscores the crucial role that fees will play for Bitcoin miners following the reduction in block rewards.

随着备受期待的比特币减半事件的临近，比特币区块链上的交易费用史无前例地连续三天超过以太坊。费用的激增凸显了在区块奖励减少后，费用对比特币矿工将发挥的关键作用。

Fees Reach New Heights

费用达到新高

On April 17, Bitcoin miners garnered $7.47 million in fees, surpassing the $7.31 million earned by Ethereum stakers by approximately $160,000. This trend continued on April 15 and 16, with Bitcoin miners collecting $9.98 million and $5.91 million, surpassing Ethereum stakers by $3.5 million and 1.1 million, respectively.

4 月 17 日，比特币矿工获得了 747 万美元的费用，比以太坊质押者获得的 731 万美元高出约 16 万美元。这一趋势在 4 月 15 日和 16 日持续，比特币矿工获得了 998 万美元和 591 万美元，分别超过以太坊抵押者 350 万美元和 110 万美元。

However, Ethereum still maintains a slim lead on a 7-day average fee basis, with an average of $8.55 million compared to Bitcoin's $7.57 million.

然而，在 7 天平均费用基础上，以太坊仍然保持着微弱的领先优势，平均费用为 855 万美元，而比特币的平均费用为 757 万美元。

Impact of Bitcoin Halving

比特币减半的影响

The surge in Bitcoin transaction fees coincides with the upcoming Bitcoin halving event on April 20. This event will reduce the block reward from 6.25 BTC ($398,000) to 3.125 BTC ($199,000), potentially leading to a significant decrease in miners' revenue.

比特币交易费用的飙升恰逢 4 月 20 日即将到来的比特币减半事件。该事件将使区块奖励从 6.25 BTC（398,000 美元）减少至 3.125 BTC（199,000 美元），可能导致矿工收入大幅下降。

Currently, approximately 900 Bitcoin are mined each day, generating around $57.2 million in revenue. With the halving, this revenue is expected to decrease, leading to an increased reliance on transaction fees. Based on April 17's fee revenue, fees currently account for approximately 11.5% of miners' total block rewards.

目前，每天大约开采 900 个比特币，产生约 5720 万美元的收入。随着减半，该收入预计将减少，导致对交易费用的依赖增加。根据 4 月 17 日的手续费收入，目前手续费约占矿工总区块奖励的 11.5%。

Runes and Ordinals

符文和序数

The introduction of non-fungible token (NFT)-like Ordinals inscriptions in January 2023 has also contributed to the rise in Bitcoin transaction fees. Ordinals enables the creation of inscriptions on the Bitcoin blockchain, resembling NFTs on other platforms.

2023 年 1 月推出的类似不可替代代币（NFT）的 Ordinals 铭文也导致了比特币交易费用的上涨。 Ordinals 可以在比特币区块链上创建铭文，类似于其他平台上的 NFT。

Furthermore, the upcoming release of Runes, a new Bitcoin token standard, at block 840,000 (coinciding with the halving event), is expected to generate an additional revenue stream for miners. Runes aim to facilitate the creation of fungible tokens on Bitcoin, targeting memecoin enthusiasts and community-driven audiences.

此外，即将在区块 840,000（恰逢减半事件）发布的新比特币代币标准 Runes 预计将为矿工带来额外的收入来源。 Runes 旨在促进比特币上可替代代币的创建，针对 memecoin 爱好者和社区驱动的受众。

Market Shifts

市场变化

The recent increase in Bitcoin fees may also be partially attributed to the recent decline in BRC-20 token prices, such as Ordinals (ORDI) and Sats (SATS), which have experienced significant drops in value over the past week. This shift in investor focus may have redirected attention to Runes, further contributing to the surge in Bitcoin transaction fees.

最近比特币费用的增加也可能部分归因于最近 BRC-20 代币价格的下跌，例如 Ordinals (ORDI) 和 Sats (SATS)，这些代币在过去一周经历了价值的大幅下跌。投资者焦点的这种转变可能将注意力转向符文，进一步导致比特币交易费用的飙升。

Conclusion

结论

The ongoing surge in Bitcoin transaction fees is a multifaceted phenomenon driven by the upcoming halving event, the introduction of Ordinals and Runes, and market shifts. As the halving approaches, miners will increasingly rely on transaction fees to mitigate the reduction in block rewards. The development of new functionalities on the Bitcoin blockchain, such as Ordinals and Runes, further enhances the revenue opportunities for miners, shaping the future of the Bitcoin network.

比特币交易费用的持续飙升是一个多方面的现象，由即将到来的减半事件、序号和符文的引入以及市场变化推动。随着减半的临近，矿工将越来越依赖交易费来缓解区块奖励的减少。比特币区块链上新功能的开发，例如序数和符文，进一步增加了矿工的收入机会，塑造了比特币网络的未来。