Declining Miner Revenues and the Rise and Fall of Runes Protocol \ stacker news ~bitcoin

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Declining Miner Revenues and the Rise and Fall of Runes Protocol www.dollarparity.com/declining-miner-revenues-and-the-rise-and-fall-of-runes-protocol/

21 sats \ 0 comments \ @dollarparity 16 May 2024 bitcoin

The Bitcoin network has experienced a dramatic 99% decrease in daily Rune etchings, with only 157 Runes recorded on a recent Monday, down from a peak of 14,700 in late April, according to Dune Analytics.

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