For the first time since 2017, some bitcoin (BTC) miners are getting paid more to process transactions on the blockchain than they’re rewarded for creating new BTC, a potentially welcome development following the battering the industry has faced lately. Bitcoin miners make money in two main ways: spawning new BTC by crunching numbers, and processing transactions on the network.
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Ordinals upend Bitcoin mining, causing transaction fees to exceed mining rewards for the 1st time in years.
