According to online reports, Luxor's Hashrate Index data showed that transaction fees accounted for less than 1% of the total block rewards in June, setting a new low since 2022. Currently, miners receive 3.125 bitcoins (approximately US$327,000) and transaction fees for every block they successfully process. However, as Bitcoin network usage declined, transaction fees remained low, with an average transaction cost of only $1.45. CJ Burnett, chief revenue officer at Compass Mining, said: "Despite the rise in Bitcoin prices, mining revenue remains close to record lows since halving in 2024. "Industry experts believe that having efficient mining hardware and competitive power costs is the key to miners 'survival in difficult times.