Wednesday, April 24, 2024
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Fold, Rewards Company for Bitcoin $BTC, Expands to El Salvador, Brushing Off Soaring Transaction Fees

But the flurry in on-chain activity is showing signs of slowing down as congestion in the Bitcoin mempool – a database of unconfirmed transactions – has eased from nearly 500,000 unconfirmed transactions to roughly 250,000 at the time of reporting. That number generally stayed under 50,000 last year. Bitcoin is

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Bitcoin miners earned $50B from BTC block rewards, fees since 2010

Bitcoin (BTC) miners have profited roughly 37% from mining Bitcoin since its inception, new data reveals.Calculations from on-chain analytics firm Glassnode suggest that since 2010, fees and block reward subsidies have netted miners over $50 billion.Bitcoin miner revenue passes $50 billion markAmid an ongoing debate over miner costs and susceptibility to

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