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Ethereum’s Vitalik Buterin Says EIP 1559 ‘Most Important Part of London,’ Network Is Burning $16K in ETH per Minute
6.8.2021
The Ethereum blockchain has completed the highly anticipated London upgrade on Thursday and ether fans have been discussing the protocol’s burn rate with great fervor following the fork. 5.9 Ether Is Burned Every Minute, Vitalik Buterin ‘Confident’ About the future after London...
Bitcoin Fees Tap $60 per Transaction, Users Say Fees Restrict Adoption, Others ‘Embrace’ the BTC Fee Pump
21.4.2021
On April 21, Bitcoin network fees touched an all-time high according to a number of transaction fee aggregators. The average bitcoin transaction fee is approximately $59.88 and the median fee is around $26.44 USD per transfer. Bitcoin Fees Climb Sky High After the Hashrate Plummeted The cost...
New Ethereum Fee Model Has Some Miners Crying Foul: Survey
8.10.2020
Eight of the nine mining projects answering a survey on EIP 1559 had a negative impression of the proposal, with seven saying they would not implement the change
Filecoin tests pave way for Ethereum fee restructure
27.8.2020
FIlecoin has been testing EIP 1559 which aims to tackle high network fees on Ethereum
Coinbase Blames Performance Issues on Ethereum Fee Spike
3.8.2020
After the massive ethereum (ETH) rally and subsequent dump on Sunday that forced Coinbase to once again suffer from “degraded performance,” the exchange now said that it was “a spike in transaction fees” on the Ethereum network that caused delays for users attempting to move funds.
Today, the major...
Median Ethereum Fee Up Almost 1,300% Since April, Bitcoin Fees Jump Too
24.7.2020
The fees on both Ethereum (ETH) and Bitcoin (BTC) networks are rising yet again, prompting both the user dissatisfaction and discussions of possible solutions.
There seems to be no end to what many perceive as major issues with high fees on the two biggest networks. The median average Bitcoin...
Ethermine Mining Pool Cashes in Its $2.6 Million Ethereum Fee Windfall
16.6.2020
Ethermine will now proceed to distribute its $2.6 million bonanza from a series of bizarre ethereum transactions last week after the fund’s owner failed to make a valid claim. On June 11, the miner, a unit of Bitfly, received the record fee in a transaction involving just 350 ether (ETH),...