Runes are offering a significant lifeline for Bitcoin miners — TeraWulf CEO

The transaction fees are the “wild card” for Bitcoin miners, with the current increase representing a crucial revenue boost for BTC miners, according to TeraWulf’s CEO, Nazar Khan.

The rise in transaction fees from Bitcoin Runes — a new protocol for issuing fungible tokens on the Bitcoin network — is offering a significant revenue boost for Bitcoin miners, according to Nazar Khan, the co-founder and CEO of TeraWulf.

Khan told Cointelegraph in an exclusive:

As the rest of the Bitcoin block reward is fixed issuance, the transaction fees are the “wild card” for Bitcoin (BTC) miners, explained Khan.

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