10 Blocks Post Halving, Miners See 19.26 BTC Average Reward

IconCrypto News Terminal20 Apr, 2024

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10 Blocks Post Halving, Miners See 19.26 BTC Average Reward

10 blocks since the fourth Bitcoin halving on May 20, 2024, miners have earned an average of 19.26 BTC in block rewards, according to bitcoin explorer Mempool.space. The halving's reduction of block rewards to 3.125 BTC is estimated to be offset by an increase in Bitcoin transaction fees due to the launch of the RSK Protocol. Previously on May 20, 2024, Bitcoin underwent its fourth halving, reducing the block reward from 6.25 BTC to 3.125 BTC.