Commissions in the Bitcoin network are growing, the day before the average transaction fee was just over $ 25.
Miners last Thursday earned $ 4.06 million in just an hour - this is the maximum figure in the entire history of the BTC blockchain over such a period. This is the conclusion reached by researchers from the Glassnode team. The commissions amounted to about $ 47,000 from this amount.
Despite the May halving (a reduction in the reward for mining a block), the activity of miners continues to increase. Recall that the reward in the spring of last year was halved from 12.5 to 6.25 BTC.
The value of bitcoin has increased by almost 400% over the past four months. In parallel, the activity of wallets in the network with a non-zero balance increased. The demand for transactions caused them to rise in price. Operating fees exceeded $ 9 million only on February 9.
Analysts associate the observed trend with information about Tesla's investments in Bitcoin in January this year. The electric car manufacturer bought BTC for $ 1.5 billion and announced its readiness to accept cryptocurrency as a payment instrument.
Computing power in the network this week rose to another high. On February 11, Bitcoin's hash rate approached 165 EH/s.