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Tuesday 14 June 2022

Panic Yield - A New Type of Yield in Bitcoin

Transaction volume is up recently due to the dip in price caused by Ethereum and Celcius discussed in my other posts. But when looking at my lightning node transactions are up, fees are increasing and my near-zero yield is starting to float. More importantly when you look at mempool.space you see that fees are up slightly on bitcoin. This means miners though they are making less on the value of the block reward get a little bit back to balance that with more fees. 

These two parts of the industry have a little stabilization factor. It is a new type of yield on the zero risk rate of return. I call it Panic Yield.


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