Bitcoin Miner Fees Revenue Explodes: Are Runes Driving It?

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Bitcoin, bitcoin fees, Bitcoin Miner Revenue, Bitcoin Miners, Bitcoin Mining, Bitcoin News, Bitcoin RUNES, Bitcoin Transaction Fees, btc, btcusd

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 […]

Bitcoin Flips Ethereum In Fees, But Will This Last?

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Bitcoin, bitcoin fees, Bitcoin News, Bitcoin Transaction Fee, btc, btcusd, ETH, Ethereum, Ethereum fees, Ethereum Transaction Fees

On-chain data shows that Bitcoin has flipped Ethereum in another metric, as the transaction fees paid on the BTC network are now higher than those paid on the ETH network. Bitcoin Total Transaction Fees Is Now Higher Than Ethereum’s As pointed out by analyst James Van Straten in a post on X, the Bitcoin transaction […]

Bitcoin No Longer Cheap: Fees Jumped 35x In 2023

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Bitcoin, bitcoin fees, Bitcoin Inscriptions, Bitcoin News, Bitcoin Transaction Fees, Bitcoin Transfers, btc, btcusd

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 […]

Oops: A Bitcoin Whale Just Paid $3.1 Million In Fees

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Bitcoin, bitcoin fees, Bitcoin News, Bitcoin Transaction Fees, bitcoin whale, btc, btcusd

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 […]