Bitcoin Fees Surge Post-Halving Despite Reduced Mining Rewards!

In the wake of the recent Bitcoin halving, transaction fees have skyrocketed, reaching over 2,750 Satoshis/VB, equivalent to more than $240 per transfer. Since the fourth Bitcoin halving, miners have amassed an impressive 526 BTC solely from transaction fees, averaging 17.5 BTC per block. Despite the reduction in mining rewards, miners are maintaining peak operational capacity, driven by this substantial incentive.

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