On November 9th, the State Administration of Taxation released data on the 9th showing that in the first three quarters of this year, the main policies supporting the development of scientific and technological innovation and manufacturing were tax cuts and tax refunds of 2.0868 trillion yuan. Among them, R & D expenses plus deduction and other policies to support increased investment in science and technology, transfer of achievements and the introduction and training of scientific and technolo...
The halving impact led to a decrease in fee income, and block subsidies became the main source of income for bitcoin miners. Of the $25.35 million miners earned per day on September 13, only $398,860 came from transaction fees, or just 1.6% of total revenue. This is a significant change from the previous period, when transaction fees topped out at more than 40% of miners' revenue. Analysts say that with block subsidies halved every four years, transaction fees will only grow in importance in cyb...