On-chain data shows the Bitcoin miner revenue percentage from the fees has exploded recently. Here’s what’s behind this sharp growth. Bitcoin Runes Have Caused A Sudden Shake-Up In Miner Revenues A couple of days ago, the much-anticipated fourth Halving, a periodic event taking place roughly every four years where block rewards that miners receive for […]
On-chain data shows the Bitcoin daily transaction fees jumped 35x during 2023, leading to BTC flipping Ethereum in the metric. Bitcoin Daily Transaction Fees Has Shot Up Recently According to data from the market intelligence platform IntoTheBlock, the BTC transaction fees have hit new highs in 2023. The “transaction fees” here naturally refer to the […]
On-chain data shows a Bitcoin whale has just made a transaction with a network fee of a whopping $3.1 million attached. A Bitcoin Transaction With A Fee Of 83 BTC Has Occurred On The Chain Today According to data from the cryptocurrency transaction tracker service Whale Alert, someone has executed a transfer with a record […]