Bitcoin survived last week’s halving, but it’s only a matter of time before BTC miners flee, say “death spiralists.” Are they right? Bitcoin (BTC) halvings are a little spooky, sort of like the witching hour, and one of the prophecies being murmured about last week was something about a Bitcoin network death spiral. This idea, […]
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Tag: Bitcoin halving
Post-Halving Reality: Average Bitcoin Transaction Fee Rises to $4
The transaction fees on the Bitcoin network have increased by more than 1,300% since the beginning of the year, with the halving pushing the amount necessary to perform a transaction all the way up to $5.1 on May 11. However, despite the huge increase in fees, many pointed out that Bitcoin is still a lot […]
Average BTC Transaction Fees Increased 300% Days Before Halving
The average transaction fee for Bitcoin peaked at $3.19 on May 8, an increase of over 300% from the average fee of $0.62 on April 26. With the third Bitcoin rewards halving scheduled in approximately 14 hours at the time of press, the average value of transaction fees has surged more than 300%. According to […]
Top 5 Countries Frantically Googling ‘Bitcoin Halving’ Right Now
There are signs of a clear cluster of intrigue around the Bitcoin halving, just one week before the seminal event takes place, the Cointelegraph reported. The Bitcoin (BTC) block subsidy halving is all anyone can talk about this week — but according to Google, it’s Europe that is most obsessed. Data from Google Trends shows that when […]