2023-4-10 16:17 |
Quick Take Over the weekend, we saw the one millionth Bitcoin inscription. This a historic feat in such a short time, as inscriptions only started to occur at the beginning of 2023. As a result of the surge in Inscriptions, this has been a net benefit for Bitcoin miners as their fees have skyrocketed. Over a 7-day moving average, the total fees paid to miners is roughly $750,000 or 27 BTC. A one-year high in terms of BTC fees for miners. Inscriptions: (Source: Glassnode) Fees: (Source: Glassnode) Inscriptions: (Source: Glassnode)
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