MEV Is Coming To Bitcoin And It Will Change Mining Profitability
— Applications built, Miner revenue, Currency, Mining analysts discuss mev today, Infrequent occurrences — 1 min read
Bitcoin mining revenue streams are historically very boring. But the future of bitcoin mining revenue is likely to be the extreme opposite of boring. The Bank for International Settlements (BIS) published an eight-page bulletin on miners and MEV this month. MeV measures the revenue taken from block production activities that goes beyond typical subsidy and fee revenue. The more Bitcoin-based decentralized finance (DeFi) ecosystems exist, the more opportunities for MEV exist. “DeFi needs Bitcoin,” wrote one advocate of DeFi, calling it “the next generation of generation of “LiFi (Lightning Finance)” Bitcoin’s “Lightning Network) will cause its MEV market to grow,’ Source