Bitcoin Miner Rewards Shrink Below Pre-Halving Levels as Network Fees Fall Sharply

Updated: December 2, 2024

After experiencing a period of high fees, onchain transfer costs on the Bitcoin network have decreased significantly. On Friday, the fees peaked at $240 per transaction, but by now they have fallen to just $11.06 each. Since reaching block height 840,179, miners are now earning less bitcoin in rewards compared to before the halving event […]



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