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Bitcoin Miners Double Revenue: Fees Spiked Over 200% in 10 Days Since the Halving
20.5.2020
Bitcoin (BTC) miners earned 44% more in transaction fees in the nine days since the halving than they did for the whole of April. If this continues miners will have more than doubled their income from transaction fees going forward. According to data from Coinmetrics, miners have collected...
Bitcoin Transaction Fees Are Up 800% in One Month
17.5.2020
Bitcoin transactions fees have surged immediately after a halving skyrocketed for the first time
Bitcoin Miners Revenue Plunge 48% as Halving Impact Kicks In
14.5.2020
Revenue for Bitcoin (BTC) miners plunged 48% a day following the third halving, as the full impact of the periodic supply cut event began to take effect. According to data from crypto company Blockchain, the total value of block subsidies and transaction fees paid to miners crashed to $8.95 million...
2 Days After the Bitcoin Halving: Network ‘Remains Strong,’ Higher Fees, Bullish Sentiment
13.5.2020
On May 11, 2020, the Bitcoin network completed it’s third block reward halving and the network seems to be chugging along just fine. However, it may take a while longer to see the halving’s effect on the mining industry and right now bitcoin transaction fees have risen exponentially....
Bitcoin Transaction Costs Soar 400% Amid Halving Hyperbole
11.5.2020
The average transaction cost for Bitcoin (BTC) soared 414% in the days before the halving, peaking at $3.19 on May 8, from as low as $0.62 on April 26. This is the highest price bitcoiners have paid for a transaction on the network in ten months, according to data from Bitinfocharts. Fees are paid...
Average BTC Transaction Fees Increased 300% Days Before Halving
11.5.2020
The average transaction fee for Bitcoin peaked at $3.19 on May 8, an increase of over 300% from the average fee of $0.62 on April 26
BitMEX Is Making Bitcoin Network More Expensive for Everyone, Researcher Finds
5.5.2020
Average fees paid by bitcoin users spike at a certain time every day due to the actions of one firm, derivatives exchange BitMEX, a researcher found
Roger Ver Claims His Bitcoin Transaction Fees Totaled $1,000 at Times
19.4.2020
Bitcoin Cash advocate, Roger Ver, claims he spent thousands of dollars on individual Bitcoin transaction costs in the past
Crypto Networks Stress Tested During Bitcoin’s Wild Week
14.3.2020
Crypto valuations haven’t been the only casualties of this week’s market crash; crypto networks have also felt the strain. As onchain activity has ramped up in response to the market slump, fees have soared and the mempool filled on the BTC and ETH chains. Other crypto networks have...
How to Track, Get and Set the Best Transaction Fees with Bitcoin and Bitcoin Cash
14.3.2020
Once set up with a bitcoin or bitcoin cash wallet and some coins, using and sending them is pretty easy. Part of this process involves paying a transaction fee, which is a small amount of coin included in a transaction incentivizing miners to work the tx into a block. Both BTC and BCH transactions...
Coinbase Moves to Cut Blockchain Load With Bitcoin Batching
13.3.2020
The San Francisco-based cryptocurrency exchange has started grouping multiple bitcoin transactions together to benefit both users and the blockchain
Bitcoin Transaction Fees Drop Amid Rising SegWit Adoption
7.2.2020
Source: iStock/Sasha_Suzi
Bitcoin (BTC) transaction fees are returning to low levels amid an increased adoption of the Segregated Witness (SegWit) protocol on the network.
“The majority of transactions now support SegWit, currently surpassing 55% on average. And while this marks a near 40% increase...
Bitcoin Just Hit $1 Billion in All-Time Transaction Fees
30.10.2019
On Oct. 30, 2019, the bitcoin blockchain reached $1 billion in cumulative transaction fees. “This milestone is a really cool milestone just because it shows how much people value block space,” said Bryan Aulds, founder of bitcoin wallet Billfodl. “And that it’s something people don’t...
Coinbase Has Earned $2 Billion in Transaction Fees Since 2012, Says CEO
24.10.2019
Coinbase turned a profit since 2017 and has earned $2 billion in transaction-fee revenue since its founding in 2012
Coinbase Generated Nearly $2 Billion in Transaction Fees Since 2012
24.10.2019
Coinbase CEO Brian Armstrong said that the exchange has generated nearly $2 billion in transaction fees since 2012
Why Ethereum Briefly Overtook Bitcoin in Daily Transaction Fees
26.9.2019
Ethereum transaction fees are back on the rise and they're gaining parity with those of bitcoin. Here's why
Ether Hit USD 200; On its Way to Surpass BTC in Daily Transaction Fees
17.9.2019
After a strong rally in the past week, the second largest digital token by market capitalization, ether (ETH), climbed above the USD 200 level today, where it was almost a month ago. Moreover, researchers claim that Ethereum is also overtaking Bitcoin in daily transaction fees. A major reason...
New Betting Game Allows People to Wager on BTC’s Next Block Fee
23.6.2019
Bitcoin core (BTC) prices have been rising sharply over the last few weeks and people have also noticed BTC transaction fees have spiked as well. Now there’s a new gaming site called Guess Bitcoinfees allowing people to bet on the 24-hour average transaction fee for the next day and the site...
How to Check Median BTC and BCH Transaction Fees
20.5.2019
Transaction fees are the cost that cryptocurrency users have to bear in order to keep the system going. Fees can vary significantly between networks and it is important to be able to check this before you decide which cryptocurrency to use for making your digital payments. Also Read: Bitcoin Cash...