Daily earnings for Bitcoin miners plummet 40% amid declining Runes interest

Following a period of heightened gains due to the initial halving event, Bitcoin (CRYPTO:BTC) mining revenue has experienced a significant downturn, exacerbated by diminishing excitement around Runes.

Subsequent to the halving, a phenomenon that initially spurred a boost in revenue for miners, the industry is seeing a 40% reduction in daily earnings.

This downturn is closely linked to the declining interest in Runes, indicating a cooling off from the initial hype surrounding the cryptocurrency space.