May 3, 2024

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

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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 morning at 7:30 a.m. […]

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