比特币减半刺激交易费用飙升，提振矿工利润

2024 年 4 月 20 日比特币减半事件发生后，网络交易费用飙升，达到前所未有的平均水平 128.45 美元，这主要是由于 Runes 代币标准的推出，导致对区块空间的需求大幅增加。尽管减半使区块奖励减少了 50%，但矿工仍受益于创纪录的交易费用，比特币当天产生了 7830 万美元的费用，创下了矿工收入的历史新高。然而，截至 2024 年 4 月 21 日，平均交易费用已大幅下降至 34.86 美元。

Bitcoin Halving Sparks Transaction Fee Surge, Boosting Miner Revenue

比特币减半引发交易费用飙升，增加矿工收入

On April 20, 2024, Bitcoin underwent its fourth halving event, slashing miner block rewards from 6.25 BTC to 3.125 BTC. This significant reduction in block rewards raised concerns about the profitability of Bitcoin mining. However, a surge in transaction fees following the halving has alleviated those concerns and even provided a substantial boost to miner revenue.

2024 年 4 月 20 日，比特币经历了第四次减半事件，矿工区块奖励从 6.25 BTC 大幅削减至 3.125 BTC。区块奖励的大幅减少引发了人们对比特币挖矿盈利能力的担忧。然而，减半后交易费用的飙升缓解了这些担忧，甚至大幅增加了矿商收入。

The Runes token standard, launched alongside the halving, has played a pivotal role in the transaction fee surge. Runes, Bitcoin's equivalent of Ethereum's ERC-20 standard, enables the creation of a vast array of assets on the Bitcoin blockchain, from memecoins to governance tokens. The popularity of Runes has led to increased demand for blockspace on the Bitcoin network, resulting in record-high transaction fees.

与减半同时推出的 Runes 代币标准在交易费用飙升中发挥了关键作用。 Runes 是比特币相当于以太坊的 ERC-20 标准，它可以在比特币区块链上创建大量资产，从模因币到治理代币。符文的流行导致比特币网络上对区块空间的需求增加，导致交易费用创历史新高。

On the day of the halving, Bitcoin transaction fees skyrocketed to an unprecedented average of $128.45, eclipsing the previous record by over 100%. This surge has benefited Bitcoin miners immensely. Despite the 50% reduction in block rewards, total miner revenue, including both block rewards and transaction fees, reached an all-time high of $107.8 million on April 20, 2024, according to YCharts.

减半当天，比特币交易费用飙升至前所未有的平均水平 128.45 美元，超过之前的记录超过 100%。这种激增使比特币矿工受益匪浅。根据 YCharts 的数据，尽管区块奖励减少了 50%，但包括区块奖励和交易费用在内的矿工总收入在 2024 年 4 月 20 日达到了 1.078 亿美元的历史新高。

Major Bitcoin mining firms such as Marathon Digital Holdings, Riot Blockchain, Hut 8 Mining, and Core Scientific have reaped substantial rewards from the transaction fee surge. These companies, which have invested heavily in mining infrastructure, are now seeing record revenue streams despite the halving.

Marathon Digital Holdings、Riot Blockchain、Hut 8 Mining 和 Core Scientific 等主要比特币挖矿公司从交易费用激增中获得了丰厚的回报。这些公司在采矿基础设施上投入巨资，尽管减半，但现在仍看到创纪录的收入流。

While transaction fees have since receded from their peak, they remain significantly elevated compared to pre-halving levels. The success of Runes and other Bitcoin-based applications is expected to sustain the demand for blockspace and keep transaction fees high.

尽管交易费用已从峰值回落，但与减半前的水平相比仍显着升高。符文和其他基于比特币的应用程序的成功预计将维持对区块空间的需求并保持较高的交易费用。

Analysts at Ten31, a bitcoin research firm, believe that the surge in transaction fees is a positive sign for Bitcoin's future. They argue that as Bitcoin continues to attract users and demand for secure and efficient settlement transactions grows, fees will naturally increase to reflect the scarcity of blockspace on the network.

比特币研究公司 Ten31 的分析师认为，交易费用的飙升对比特币的未来来说是一个积极的信号。他们认为，随着比特币不断吸引用户以及对安全高效的结算交易的需求增长，费用自然会增加，以反映网络上区块空间的稀缺性。

"To the extent that Bitcoin continues to gain users and demand for economically dense settlement transactions, we expect fees to use the network's scarce blockspace to increase accordingly," said a Ten31 analyst. "Said another way, fees are designed to pump forever."

Ten31 分析师表示：“只要比特币继续获得用户和对经济密集的结算交易的需求，我们预计使用网络稀缺区块空间的费用会相应增加。” “换句话说，费用的设计是永远上涨的。”

The increase in transaction fees underscores the dynamic nature of the Bitcoin ecosystem. As the network evolves and new applications emerge, the value of blockspace and the profitability of Bitcoin mining will continue to fluctuate. However, the surge following the halving provides a clear indication that Bitcoin remains a valuable and reliable platform for secure and efficient financial transactions.

交易费用的增加凸显了比特币生态系统的动态性质。随着网络的发展和新应用的出现，区块空间的价值和比特币挖矿的盈利能力将持续波动。然而，减半后的飙升清楚地表明，比特币仍然是安全高效金融交易的有价值且可靠的平台。