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Bitcoin Scaling Tech Could Have Saved Companies and Users $500M in Fees: Report
29.7.2020
Implementing transaction batching and SegWit could have saved bitcoin companies and users $500 million in fees – if they'd just use the technology
Ethereum Transaction Fees Rise Further, Gap with Bitcoin Narrows
24.6.2020
As transaction fees on the Ethereum (ETH) blockchain continue to rise, some are warning that the network's competitors may benefit if the issue is not dealt with. Meanwhile, the gap between the number 1 and number 2 coins by market capitalization got a lot narrower – as the former's fees dropped...
Ethereum Network Fees Jump Above Bitcoin Transaction Fees for Two Weeks Straight
24.6.2020
This week digital currency enthusiasts have been discussing network fees, specifically transaction fees associated with the Bitcoin and Ethereum blockchains. Last Sunday on June 21, one Ethereum proponent noted that during the last 16 days, Ethereum users have paid more to leverage the network than...
Mining Pool Distributes $2.4M Transaction Fee After Flood of Phoney Refund Claims
15.6.2020
Mining pool Ethermine said it would never freeze transaction fees again
BTC Transaction Fees Drop to Pre-Halving Level
15.6.2020
After a peak in transaction fees on the Bitcoin (BTC) network was seen less than a month ago, the fee paid to miners for processing transactions is now back at levels seen in April, a time well before the third halving in May.
On Sunday, June 14, the median BTC transaction fee was USD 0.205, or...
Bitcoin Transaction Fees Drop Under $1, Returning to April Levels
15.6.2020
After increasing more than 1600% between April 5 and May 20, Bitcoin transaction fees have now dropped to $0.56
Vitalik Buterin Comments on Strange Transaction Fees
12.6.2020
Ethereum creator Vitalik Buterin says recent high fees could be blackmail
Speculation Rife as User Pays a Second $2.6 Million Fee in Ether Transaction
11.6.2020
History repeated itself on Thursday, after the Ethereum blockchain processed another transfer with fees of $2.6 million – the second such unusual, record-fee transaction in 24 hours. A user sent 350 ether (ETH), worth about $86,400 and paid 10,668 ETH, or $2.6 million, in transaction fees....
Nightmare Come True: User Pays $2.6 Million in Transaction Fees to Send $134 of Ether
10.6.2020
A record ethereum transaction fee has been paid today: $2.6 million to transfer $134. The user probably mixed up the fields on the value of the transfer and the fee, eventually paying 10,668 ETH in fees, or $2.6 million, on a transaction mined by Sparkpool. A nightmare come true, the customer sent...
‘Whale’ Just Sent $130 in Cryptocurrency With a $2.6M Transaction Fee
10.6.2020
The sender's identity isn't known, but their wallet still holds more than $11 million-worth of ether
Bitcoin Fees Fall 60% While Transaction Count Declines
30.5.2020
Bitcoin (BTC) average transaction fees dropped by nearly 60% in the last week, as the number of transactions queuing up to be processed on the network eased. According to data from Bitinfocharts, the cost of making a transaction over the Bitcoin blockchain fell to around $2.61 on May 28, down from...
Bitcoin Transaction Fees Decline as Network Congestion Eases
27.5.2020
After facing a heavy load of transactions earlier this month, bitcoin's network has returned to a more normal level, recent developments suggest
Bitcoin Risks Turning Bearish Due to Declining Market Health, Says Glassnode
27.5.2020
Bitcoin (BTC) risks sliding back into bearish territory should onchain activity and overall market health continue to decline, warns analytics firm Glassnode. The latest market update from Glassnode shows that the GNI index, which measures the overall state of the Bitcoin network, dropped 18% or...
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