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Nalezeno "Fees": 654

Bitcoin Miner Rewards Shrink Below Pre-Halving Levels as Network Fees Fall Sharply

21.4.2024
After experiencing a period of high fees, onchain transfer costs on the Bitcoin network have decreased significantly. On Friday, the fees peaked at $240 per transaction, but by now they have fallen to just $11.06 each. Since reaching block height 840,179, miners are now earning less bitcoin...

93 Blocks, $71 Million in Fees: Bitcoin Mining Revenue Booms Post-Halving

20.4.2024
Since the halving, miners have successfully extracted 93 blocks, accumulating a significant 1,087.99 bitcoins valued at approximately $71.04 million solely from transaction fees. As of 2:00 p.m. EDT on Saturday, the current metrics indicate a high-priority transaction cost of 492 satoshis...

Bitcoin Halving, Runes Proliferation Results in Historic Fee Increases, Crypto Community Reacts

20.4.2024
Following the Bitcoin halving event, onchain fees climbed to over $240 per transaction just an hour later, and as of now, a high-priority transfer costs between $52 and $78 per transaction at 10:30 a.m. Eastern Time on Saturday. The increasing fees have prompted a flood of comments from individuals...

Bitcoin Miners Smash Previous Revenue Records Post-Halving; Over $54M Collected in 60 Blocks

20.4.2024
Since the halving, 63 blocks have been mined, and bitcoin miners have accumulated substantial fees following a dramatic increase in the fee rate. This surge took the cost per transaction from $18 to over $245, recorded at 9:00 p.m. EDT on Friday evening. Since then fees have dropped and by Saturday...

After Halving Event, Bitcoin Transaction Fees Soar to Over $240

20.4.2024
Upon reaching block height 840,000, when the mining pool Viabtc collected 37.626 bitcoin in fees worth $2.39 million, the expense for onchain transfers climbed, surpassing $240 per transaction. Block 840,003 recorded 16.06 bitcoins in fee payments, and block 840,004 accumulated 24 bitcoins in fees...

Transaction Fees Soar on Bitcoin Network as Network Braces for Halving

18.4.2024
According to recent data, bitcoin transaction fees have significantly increased since the first week of April. Metrics show that the average fee has escalated to 133 satoshis per virtual byte or $19.48 per transaction. Bitcoin Fees Climb Steadily as Runes Protocol Launch Nears The cost of sending...

VanEck CEO Says Transaction Fee Is Bigger Story Than Bitcoin or Ethereum ETFs

9.4.2024
Jan Van Eck told CoinDesk TV's Jen Sanasie that not hearing back from the SEC is a sign that ETH exchange-traded funds likely wont make the May deadline

Developing Several Layer-2 Solutions: ‘The Real Solution’ to Ethereum’s Scalability Issue, Says Ken Timsit

29.3.2024
The recent surge in Ethereum gas fees can be attributed to the rise in decentralized finance (defi) activity and the growing popularity of layer 2 (L2) chains such as Arbitrum and Optimism, Ken Timsit, managing director of Cronos Labs, has said. Timsit however agreed that the recent Dencun upgrade...

Celo Cements Its Stablecoin Allegiance: Transaction Fees Now Can Be Paid With Stablecoins

29.3.2024
Celo, a low-fee, usability-focused blockchain network, has approved a proposal to allow transaction fees to be paid with stablecoins. Network users can now transact only by holding USDC in their wallets, abstracting the complexity of holding other tokens. This also benefits newcomers, making...

Ethereum Blob Inscriptions Exceed 40%, Triggering Unprecedented ‘Blob Contention’

28.3.2024
Following the debut of the Dencun upgrade and Ethereum blobs, enthusiasts have devised methods to embed data akin to how Ordinal inscriptions operate. Since this development, inscription-based activities now account for over 40% of blob transactions, leading to a significant increase in network...

Ethereum Hit by 'Blobscriptions' in First Stress Test of Blockchain's New Data System

28.3.2024
Ethereum fees for "blobs" – the blockchain's new dedicated class of cheaper data storage – spiked Wednesday after a project called Ethscriptions created a new way of inscribing data, known as “blobscriptions.”

Report: Bitcoin’s Mining Landscape Braces for Shift as Halving Could Slash 100 EH/s of Hashpower

23.3.2024
Based on a recent analysis, numerous outdated bitcoin mining devices likely powered up in response to the latest uptick in bitcoin’s value. However, with the anticipated block reward halving, it’s projected that around 100 exahash per second (EH/s) of computing power might...

Arbitrum Outpaces Ethereum in Daily Transactions Amidst L2 Networks’ Surge

20.3.2024
Recent statistics reveal that the layer two (L2) network Arbitrum has experienced a significant increase in daily transactions. On Tuesday, the network’s daily transactions even exceeded those on the Ethereum platform. Additionally, following Ethereum’s Dencun upgrade, other L2 networks...

GBTC Experiences Its Largest Daily Drain Yet, Nearly 239,000 BTC Gone in Under 70 Days

19.3.2024
According to the latest statistics, Grayscale’s Bitcoin Trust (GBTC) experienced its most significant outflow on March 18, 2024, totaling $643 million. Onchain experts have closely observed GBTC’s activities as a considerable number of bitcoin have been moved out of the trust’s...

Speculation Rises on Whether Bitcoin’s Halving Is Reflected in Current Prices

14.3.2024
Bitcoin has witnessed new highs in its price lately, with the premier cryptocurrency experiencing an over 60% increase since the beginning of the year. Meanwhile, the crypto community is abuzz with debates on whether the impending halving event is already reflected in the price. There’s...