November 7, 2024

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

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93 Blocks,  Million in Fees: Bitcoin Mining Revenue Booms Post-Halving
93 Blocks,  Million in Fees: Bitcoin Mining Revenue Booms Post-HalvingSince 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 per virtual byte (sat/vB), equivalent to $44.83 per transfer. Bitcoin Mining Landscape Transforms With […]