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Ethermine Mining Pool Cashes in Its $2.6 Million Ethereum Fee Windfall


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),...

BTC Transaction Fees Drop to Pre-Halving Level


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...

Ethereum Transaction Fee Mystery Just Got More Mysterious


Yet another abnormal ether transaction occurred on the Ethereum (ETH) blockchain for the third time. Now, someone transferred ETH 3,221 (USD 762,990) with a somewhat lower transaction fee of ETH 2,310 (USD 544,028). The transaction occurred on the block 10247265, on June 11, 12:14 PM UTC time....

Speculation Rife as User Pays a Second $2.6 Million Fee in Ether Transaction


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....

The Most Dizzying Fee 'By Far' Paid for an Ethereum Transaction Today


So, somebody today sent over USD 100 worth of ethereum (ETH) for a fee of over USD 2.5 million. Yes, in that order. The transaction caused an uproar in the Cryptoverse. Per transaction details, this person sent ETH 0.55, at the time worth USD 133.93, but they paid a whopping ETH 10,669, or USD...

Armoney Recommends Only the Following Cryptocurrencies in India


So, what is cryptocurrency? It’s an internet medium to exchange funds between individuals or corporations to conduct financial transactions. An individual becomes a bank and has control over his own money. Post-COVID will be the beginning of an online transaction era, without the need to...

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