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

Monthly Bitcoin mining revenue reached an all-time high in March

https://www.theblockcrypto.com/linked/100394/monthly-bitcoin-miner-revenue-all-time-high

"Of March’s $1.75 billion total #bitcoin  #mining revenue, $167.21 million (9.55%) came from transaction fees."

"Demand for bitcoin mining hardware is so high that top-of-the-line machines are selling at five times the price at which they could have been pre-ordered in November."

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

#BitcoinMining #BTC #Miner #BitcoinMiner #NetworkFees #TXFee #ASIC #TheBlockCrypto

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

Wallets Which Support Replace-By-Fee (RBF) Fee Bumping

https://cointastical.medium.com/wallets-which-support-replace-by-fee-rbf-fee-bumping-5812c40bbe09

"Being able to bump the transaction fee on a transaction is useful to help rescue a time-sensitive transaction, or as a strategy to pay less in fees."

#Bitcoin  #RBF #ReplaceByFee #Wallet #Wallets #BumpFee #FeeBumping #Fee #TxFee #Transaction #Fees #ChildPaysForParent #CPFP

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

RT @[email protected]

Transaction fees were up 30.7% MoM in February to 14.7% of mining revenue.

https://twitter.com/hashrateindex/status/1366389069522100225

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Total Transaction Fees (BTC):
https://www.blockchain.com/charts/transaction-fees

#Bitcoin  #Mining #BitcoinMining #BTC #Miner #BitcoinMiner #Transaction #Fees #TxFee #TxFees #Revenue #MiningRevenue #Chart