Q2 Bitcoin Mining Revenue Surges to $184M Due to BRC-20 Hype

Bitcoin miners have earned $184 million from transaction fees in Q2 2021, according to Coin Metrics.

• 2023-07-06
• Bitcoin Mining transaction fees

Bitcoin Mining Revenue Hits $184 Million in Q2 Amid Ordinals Fervor

The experimental class of tokens has delivered a healthy quarterly sum to miners, analysis shows.

• 2023-07-06
• Bitcoin miners Ordinals Coin Metrics transaction fees

Crypto Bot Borrows $200 Million for $3 Profit

An arbitrage bot made headlines by executing a flash loan worth $200 million in the DAI stablecoin from MakerDAO, generating a profit of $3.24 after transaction fees.

• 2023-06-15
• Arbitrage Bot transaction fees

Marathon Digital Mined 77% More Bitcoin in May With the Help of Its Software

The miner's bitcoin production per unit of computing power was low in April.

• 2023-06-03
• proprietary software Fred Thiel transaction fees Marathon Digital Holdings

Bitcoin, Ether edge higher; Litecoin leads gainers; investors weigh impact of US debt crisis

Bitcoin prices rose on Monday morning in Asia to above US$27,000. Ether managed to rise above the US$1,800 support level as Litecoin leads gainers.

• 2023-05-15
• Litecoin transaction fees Bitcoin Ordinals support level network congestion blockchain developers Bitcoin

Laser-Eyed Maxis vs JPEG Enjoyers: What You Need to Know About the Great Bitcoin Debate

This isn't the first time the Bitcoin community has been at odds over mempool space and it probably won't be the last.

• 2023-05-13
• Bitcoin miners Bitcoin Cash Bitcoin transaction fees Bitcoin Satoshi

Bitcoin congestion issues continue amid BRC-20 memecoin, Ordinals surge

Bitcoin network faces heightened congestion with over 5 million inscriptions, exacerbating block space demand as BRC-20 tokens achieve a market cap milestone of $1 billion, contributing to increased activity on the network.

• 2023-05-11
• Bitcoin mining Ordinals Bitcoin transaction fees Bitcoin founder network congestion

Bitcoin, Ether edge up; Litecoin leads winners, Matic the losers; U.S. equity futures flat

Bitcoin edged higher on Wednesday morning in Asia to hold above the US$27,500 mark. Ether also gained. Other top 10 non-stablecoin tokens traded mixed.

• 2023-05-10
• Litecoin transaction fees Bitcoin Bitcoin network

Bitcoin falls below US$28,000, Ether declines, Litecoin slips further, US equity futures stall

Bitcoin fell below US$28,000 on Tuesday morning in Asia as memecoin hype clogged the network and drove up transaction fees. Ether and all other top 10 non-stablecoin tokens dropped.

• 2023-05-09
• equity futures transaction fees network congestion Litecoin 24 hours Bitcoin

Bitcoin’s ‘BRC-20’ Explosion Sends Users Scrambling for Options, Including Lightning

The effects of the BRC-20 mints range from halting of bitcoin withdrawals on Binance to frustration with the sudden high costs of making bitcoin payments in places like Africa and South America.

• 2023-05-09
• Lightning Network transaction fees transaction