Average Fees on Bitcoin Jumps to Jan. 2018 Levels & Mining Profitability to 10-Month High

2021-2-12 17:12

Average fees on Bitcoin have taken a big jump to $28 today, up from just $11 on Feb 7 and $2.6 in December, as a growing number of transactions remain unconfirmed in Mempool.

With this latest uptick, the fees have reached levels not seen since January 2018 but still far from December top of over $60.

With this jump in fees, the miners raked in more than $4 million in a single hour on Thursday — the highest hourly miner revenue in Bitcoin's history so far, as per Glassnode.

However, in terms of BTC, the average fee is still just 0.0005 BTC, which in its early years on a handful of occasions went above 0.040 BTC.

On Tuesday, the daily revenue hit its second-highest level ever at $53 million; the ATH was $54 million that occurred two days before the BTC price peaked in December.

Total monthly miner revenue, subsidy plus transaction fees, is around $482 million in February so far. In January, it hit $1.12 billion.

Bitcoin miners’ daily revenue continues to rise due to increasing fees but more importantly because of the rising prices of BTC, which hit a new ATH at $49,000 yesterday.

Bitcoin mining profitability has also been increasing ever since October, when it was $0.063 for 1 THash/s, which has now surged to $0.033, a level last seen in August 2019. This jump in bitcoin mining profitability came while network difficulty is at an all-time high, just like hash rate (7-day average).

Bitcoin/USD BTCUSD 47,604.4775 -$352.27 -0.74% Volume 78.51 b Change -$352.27 Open$47,604.4775 Circulating 18.63 m Market Cap 886.72 b baseUrl = "https://widgets.cryptocompare.com/"; var scripts = document.getElementsByTagName("script"); var embedder = scripts[scripts.length - 1]; var cccTheme = {"Chart": {"fillColor": "rgba(248,155,35,0.2)", "borderColor": "#F89B23"}}; (function () { var appName = encodeURIComponent(window.location.hostname); if (appName == "") { appName = "local"; } var s = document.createElement("script"); s.type = "text/javascript"; s.async = true; var theUrl = baseUrl + 'serve/v1/coin/chart?fsym=BTC&tsym=USD'; s.src = theUrl + (theUrl.indexOf("?") >= 0 ? "&" : "?") + "app=" + appName; embedder.parentNode.appendChild(s); })(); var single_widget_subscription = single_widget_subscription || []; single_widget_subscription.push("5~CCCAGG~BTC~USD"); The post Average Fees on Bitcoin Jumps to Jan. 2018 Levels & Mining Profitability to 10-Month High first appeared on BitcoinExchangeGuide.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 67021.12 (-0.16%)
Объем 24H $15.847b
Изменеия 24h: 0.12 %, 7d: 9.98 %
Cегодня L: $66856.94 - H: $67251.24
Капитализация $1320.335b Rank 1
Цена в час новости $ 47610.68 (40.77%)

fees average bitcoin december levels 2018 jan

Источник: bitcoinexchangeguide.com

fees average → Результатов: 101


Фото:

New Betting Game Allows People to Wager on BTC’s Next Block Fee

Bitcoin core (BTC) prices have been rising sharply over the last few weeks and people have also noticed BTC transaction fees have spiked as well. Now there’s a new gaming site called Guess Bitcoinfees allowing people to bet on the 24-hour average transaction fee for the next day and the site pays out jackpots in […] The post New Betting Game Allows People to Wager on BTC’s Next Block Fee appeared first on Bitcoin News.

2019-6-23 17:30


April’s Bitcoin Price Surge Results in Direct Increase for BTC Blockchain Transaction Fees

The transaction fees of Bitcoin is on the rise again, after successfully hovering around the $0.50 mark over the last six months. Data obtained from Bitinfocharts on April 18, 2019, shows that average fees hit their highest levels in nearly a year in early April, and ever since then, average fees have swelled to around […]

2019-4-19 01:03


Litecoin Will Fly If It Makes The Most Of Social Media

The pursuit for cryptocurrency adoption seems to focus on three major cryptocurrencies, Bitcoin, Bitcoin Cash and Litecoin. Indeed, this isn’t to disregard the likes of XRP and Stellar, both of which also provide a solid use in mainstream society, however in terms of worldwide societal adoption, Bitcoin, Bitcoin Cash and Litecoin tend to be the go-to currencies.

2018-10-10 16:30


Фото:

‘Wow’: Ethereum Fees Higher Than Bitcoin’s For First Time Ever

Ethereum traders were feeling the pressure July 18 after average transaction fees on its network surpassed Bitcoin’s for the first time in history. Ethereum ‘Benefited From Irrational Exuberance’ Data from monitoring resource Coin Metrics uploaded to Twitter Monday confirmed the unexpected reversal of fees, which compound an apparent lack of confidence in Ethereum’s outlook this week.

2018-7-18 21:00


Фото:

Ethereum’s Average Transaction Fees Temporarily Surpassed Bitcoin’s for First Time Ever

For the first time in their inception, Ethereum’s average transaction fees outstripped Bitcoin’s. Ethereum however, has since resumed its place as the more economical blockchain. As reported in a tweet by @JZay, Coin Metrics data revealed the momentary overtaking occurred July 1, 2018: Average transaction fees for Ethereum have surpassed Bitcoin for the first time […] The post Ethereum’s Average Transaction Fees Temporarily Surpassed Bitcoin’s for First Time Ever appeared first on CryptoSlate.

2018-7-19 20:00


Фото:

Ethereum’s Average Transaction Fees Temporarily Suprassed Bitcoin’s for First Time Ever

For the first time in their inception, Ethereum’s average transaction fees outstripped Bitcoin’s. Ethereum however, has since resumed its place as the more economical blockchain. As reported in a tweet by @JZay, Coin Metrics data revealed the momentary overtaking occurred July 1, 2018: Average transaction fees for Ethereum have surpassed Bitcoin for the first time […] The post Ethereum’s Average Transaction Fees Temporarily Suprassed Bitcoin’s for First Time Ever appeared first on CryptoSlate.

2018-7-18 20:00


дальше еще 52 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru