Bitcoin’s Total Transaction Fees Have Grown By 50x In Recent Years

Bitcoin’s Total Transaction Fees Have Grown By 50x In Recent Years

The average bitcoin transaction fee has risen steadily over the past few years. Albeit that is not entirely surprising, things are getting out of hand as of late. Looking at the chart on blockchain.info, the total transaction fees paid to miners have surpassed US$150,000 in 2017. That is a ridiculous amount, yet it will keep …

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