However, the unexpected revenue bump may not last long as users are already looking elsewhere for their transactions due to high fees.
For example, use of the Lightning Network, a layer 2 solution for transaction processing, as well as stablecoins This unexpected change is resulting in pools needing to hold more bitcoin reserves, according to Foundry’s Chong. “For FPPS [full pay per share] pools, this means they need to hold more BTC reserve as the pool luck component is exacerbated by the high fees, meaning if a pool is unlucky during this period, it will incur a larger loss paying miners the fees that it did not collect,” he said.
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