BTC fees

Decrease in Bitcoin Transaction Fees Despite Ongoing Network Congestion

Benito CormiJan 10, 20242 min read

The Decline in Bitcoin’s Onchain Fees Since mid-December 2023, there has been a significant decrease in Bitcoin’s onchain fees. The average fees have fallen by over…

Surging Transaction Fees Trigger Debate and Drive L2 Solutions Amid Mempool Backlog – Bitcoin Fees Reach $40

Benito CormiDec 16, 20232 min read

Skyrocketing Transaction Fees Reach $40 Bitcoin transaction fees have surged to a high of $40 per transaction on Saturday, Dec. 16, 2023, surpassing the previous record…

Surging Transaction Fees Result from Increasing Backlog and Unyielding Sequential Writing Trend

Benito CormiDec 14, 20233 min read

Rising Backlog Drives Sharp Increase in Bitcoin Transaction Fees The Bitcoin mempool, which logs unconfirmed transactions awaiting miner verification, currently has 249,000 transactions pending verification. This…

Decrease in Bitcoin Transaction Fees Coincides with Rising Miner Earnings in November

Benito CormiNov 25, 20233 min read

Bitcoin Transaction Fees Drop as Mining Revenue Soars The cost of transaction fees for Bitcoin has decreased, with the average fee per transfer standing at approximately…

Soaring Bitcoin Transaction Fees Hit Second-Highest Peak of 2023 Due to Backlog Issues

Benito CormiNov 17, 20232 min read

Bitcoin’s Onchain Fees Surge to Near-Record Levels On November 16, 2023, the average transaction fee for Bitcoin peaked at $18.69 per transfer, hitting a high of…

Rapid 150% Increase in Bitcoin Transaction Fees as Demand for Block Space Rises

Benito CormiNov 9, 20233 min read

Bitcoin Fees Soar as Network Faces Data Backlog Transaction fees within the Bitcoin network have surged considerably, eclipsing the figures recorded merely three days prior. A…

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