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3232Bitcoin Continues to Record Blocks Above the 3.75 MB Range as Ordinal Inscriptions Near 150,000
https://www.digit.info/bitcoin-continues-to-record-blocks-above-the-3-75-mb-range-as-ordinal-inscriptions-near-150000/
Sun, 19 Feb 2023 17:30:14 +0000https://www.digit.info/2023/02/19/bitcoin-continues-to-record-blocks-above-the-3-75-mb-range-as-ordinal-inscriptions-near-150000/Read more]]>As Ordinal inscriptions approach the 150,000 mark, blocks larger than 3 MB have become commonplace, with many blocks near the 4 MB range. Meanwhile, after the average transaction fee on-chain rose 122% higher at the beginning of February 2023, the average fee has remained the same over the last few weeks and is currently coasting […]
]]>Bitcoin’s Average Transfer Fees Experience Sharp Increase: 122% Rise in 10 Days
https://www.digit.info/bitcoins-average-transfer-fees-experience-sharp-increase-122-rise-in-10-days/
Wed, 08 Feb 2023 20:30:03 +0000https://www.digit.info/2023/02/08/bitcoins-average-transfer-fees-experience-sharp-increase-122-rise-in-10-days/Read more]]>Statistics show transfer fees on the Bitcoin network have increased 122% since the end of last month, as the average transaction fee has climbed from $0.767 to $1.704 per transaction. The rise in onchain fees coincides with the new Ordinals digital collectible trend on the network, with the number of inscriptions nearing 20,000. Rising Transaction […]