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Odaily Planet Daily News: Fred Thiel, CEO of Marathon Digital Holdings, a US-listed mining company, shared insights into several key aspects of the Bitcoin landscape, focusing on transaction fees, hash rate elasticity, and global expansion plans. He emphasized the conditions for Bitcoin transaction fees, pointing out that large payloads that need to be prioritized will increase fees, and transaction volume in the memory pool is the main driver. Various value-added services are built on top of basic transaction fees. Fred Thiel predicts that transaction fees will exceed block subsidies over time, especially as block subsidies continue to decrease. (cryptoslate)

Odaily Planet Daily News: Fred Thiel, CEO of Marathon Digital Holdings, a US-listed mining company, shared insights into several key aspects of the Bitcoin landscape, focusing on transaction fees, hash rate elasticity, and global expansion plans. He emphasized the conditions for Bitcoin transaction fees, pointing out that large payloads that need to be prioritized will increase fees, and transaction volume in the memory pool is the main driver. Various value-added services are built on top of basic transaction fees. Fred Thiel predicts that transaction fees will exceed block subsidies over time, especially as block subsidies continue to decrease. (cryptoslate)

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