BREAKING ๐จ
A new Bitcoin block mined by AntPool has come within 1,000 transactions of the 2015 record, despite paying a mere $180 in fees ๐ฅ.
The block fell short by just 984 transactions, pushing the total toward the historic high while fee revenue accounted for less than 0.1% of the minerโs payout. Such a low fee share highlights a remarkably thin fee market, suggesting that demand for block space is currently subdued or that users are employing aggressive feeโoptimisation tools. Miners are therefore leaning heavily on the block subsidy for income, a dynamic that could shift as the next halving approaches. Market observers note that sustained low fees may pressure miners to adjust strategies or prioritize highโfee transactions when congestion rises ๐.
Analysts will monitor whether this fee environment accelerates changes in miner revenue models as Bitcoin heads toward its next halving ๐
$GNS, $SOXLB , $PIEVERSE
A new Bitcoin block mined by AntPool has come within 1,000 transactions of the 2015 record, despite paying a mere $180 in fees ๐ฅ.
The block fell short by just 984 transactions, pushing the total toward the historic high while fee revenue accounted for less than 0.1% of the minerโs payout. Such a low fee share highlights a remarkably thin fee market, suggesting that demand for block space is currently subdued or that users are employing aggressive feeโoptimisation tools. Miners are therefore leaning heavily on the block subsidy for income, a dynamic that could shift as the next halving approaches. Market observers note that sustained low fees may pressure miners to adjust strategies or prioritize highโfee transactions when congestion rises ๐.
Analysts will monitor whether this fee environment accelerates changes in miner revenue models as Bitcoin heads toward its next halving ๐
$GNS, $SOXLB , $PIEVERSE