RT @[email protected]

Sort of. The chart is misleading because a bitcoin transaction is not what transaction means in common parlance, it can have multiple payments.

Compared to Dec 2017 each onchain transaction carries 25% more payments now.

https://twitter.com/ziggamon/status/1384893136292417539

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Payments per Transaction:
https://transactionfee.info/charts/payments-per-transaction

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RT @[email protected]

Bitcoin’s average transaction fee has well surpassed all-time highs [...]

https://twitter.com/CoinDesk/status/1384891164529152002

#Bitcoin  #TxFee #Transaction #Fee #FeeMarket #CoinDesk

RT @[email protected]

Any transactions using a fee rate below 13.1 sats/vByte are now being purged from the 300MB sized mempool. If your time preference is high, use RBF to bump your fee, otherwise just patiently wait for the fee market to calm down and re-broadcast your low-fee transaction later.

https://twitter.com/mempool/status/1384357648447901697

Bitcoin  #Mempool #MempoolSpace #Chart #ReplaceByFee #RBF #Transaction #FeeMarket

Bitcoin Mining Revenues Hit Record $1.5 Billion in March

https://decrypt.co/63755/bitcoin-mining-revenues-hit-record-1-5-billion-in-march

"The final figure is roughly in line with projections from mid-March, when blockchain data firm Glassnode reported that miners were taking home $52.3 million per day."

"Of course, #revenue is not the same thing as #profit. But #mining #profitability has consistently risen since October 2020."

#Bitcoin  BitcoinMining #Miner #BitcoinMiner #NetworkFees #TXFee #FeeMarket #Security #ASIC #Rig #DecryptMedia

Bitcoin miners made an all-time high revenue of $1.36 billion in February

https://www.theblockcrypto.com/linked/96675/bitcoin-miners-made-an-all-time-high-revenue-of-1-36-billion-in-february

"Of February’s total #mining #revenue — $186.4 million, or 13.7% — came from the #transaction #fees. The remaining $1.18 billion came from the network’s #block #subsidies."

"Total mining revenue grew 21.4% from January’s $1.12 billion."

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Chart:
https://theblockcrypto.com/data/on-chain-metrics/bitcoin/bitcoin-miner-revenue-monthly

#Bitcoin  BitcoinMining #Miner #BitcoinMiner #NetworkFees #TXFee #FeeMarket #Security #ASIC #TheBlock #TheBlockCrypto

Bitcoin Miners Saw Revenue Rise 62% in January From December

https://www.coindesk.com/bitcoin-mining-revenue-january-2021

"Measured by per terahash per second (TH/s), miner revenues bounced between $0.20 and $0.27 for most of the month after peaking near $0.32 early in the month."

"Fees as a percentage of total revenue continues a strong upward trend since April."

#Bitcoin  #Mining #Miner #BitcoinMining #BitcoinMiner #HashRate #FeeMarket #NetworkFees #Revenue #NetworkTransactionFee #Security #ASIC

"Despite there being more payments in 2021, however, neither fees nor processing times have witnessed apocalypse or even come close to levels seen three years ago."

Bitcoin Mempool Stays Cool as Payment Numbers Pass 2017 Record

#Bitcoin  #Mempool #FeeMarket #Fees #TXFees #RBF #CPFP #FeeBump #BTCTimes

https://www.btctimes.com/news/bitcoin-mempool-stays-cool-payment-numbers-pass-2017-record