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Bitcoin miners are getting more rewards from fees than from the 6.25 BTC block subsidy

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by COINS NEWS 94 Views

Bitcoin miners are getting more rewards from fees than from the 6.25 BTC block subsidy

The Bitcoin mining fees per block are higher than the block reward. This block 788766 for example has a 6.717 BTC reward, while the block subsidy is 6.25 BTC. Total reward for the block = 12.967.

Miners are happy. Users, not so much because the fees are high and you could be stuck in a transaction if you can't replace it and change the fee. I think all this is a new era with all the ordinals, BRC-20 tokens filling the blockchain, and this may lead to more users using layer 2 solutions such as Lightning Network.

Is it a natural evolution and adoption? Or just spam as some say, this being an attack to the Bitcoin Network.

what do you think?

https://preview.redd.it/3ar26yvk7lya1.jpg?571&format=pjpg&auto=webp&s=10cc14efef122d1c65064a8fd447f4d1c25d75e9

almost 450.000 transactions in the queue. Fees are not stopping the transactions.

https://preview.redd.it/wlkbbv1m7lya1.jpg?985&format=pjpg&auto=webp&s=6476561c30c4fd694e96a8e0fc96755ac7a0e6d3

submitted by /u/999999999989
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