Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,425,389,926,722.30
  • 24h Vol: $61,102,931,072.84
  • BTC Dominance: 56.53%

onchain fees

the-5-month-halving-hangover:-bitcoin-miners-continue-to-face-revenue-struggles 

The 5 Month Halving Hangover: Bitcoin Miners Continue to Face Revenue Struggles 

Leave a Comment / Bitcoin, block subsidy, Blockchain, Crypto Hacked, Cryptocurrency, Ethereum, Halving, hashprice, Miners, Mining, onchain fees, revenue / / / , , , , , , , , ,

Metrics reveal that although BTC prices climbed 6.97% in September, Bitcoin’s hashprice—the anticipated daily revenue from 1 petahash per second (PH/s)—remains ultra-low. This suggests that miners are still dealing with extremely thin profits. With just nine days left in the month, miners have already earned a hair over 62% of what they brought in during […]

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bitcoin’s-all-time-high-difficulty-challenges-miners-as-revenue-falls

Bitcoin’s All-Time High Difficulty Challenges Miners as Revenue Falls

Leave a Comment / Bitcoin, Bitcoin Miners, Blockchain, BTC block, Crypto Hacked, Cryptocurrency, Ethereum, hashprice, Hashrate, Mining, Mining Difficulty, Mining Revenue, onchain fees / / / , , , , , , , , , ,

On Sept. 10, Bitcoin’s mining difficulty rose 3.58% higher bringing the network’s difficulty to a new all-time high of 92.67 trillion. The news follows Bitcoin’s overall hashrate rising near the 700 exahash per second (EH/s) range when it tapped 693 EH/s. Rising Bitcoin Difficulty Puts Pressure on Miners Bitcoin’s difficulty now makes it 3.58% more

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bitcoin-miners-face-leanest-month-of-2024:-august-earnings-hit-year’s-low

Bitcoin Miners Face Leanest Month of 2024: August Earnings Hit Year’s Low

Leave a Comment / Antpool, Bitcoin, bitcoin halving, Bitcoin mining, block rewards, Crypto Hacked, Cryptocurrency, cryptocurrency earnings, Ethereum, Foundry USA, hashprice, Mining, mining competition, Mining Pools, onchain fees, revenue decline / / / , , , , , , , , , , ,

Bitcoin miners faced their most challenging revenue month of the year in August, marking the lowest earnings since September 2023. Onchain fees collected in August also dipped, reaching a low not seen since last year, with a $4.14 million drop compared to July. August Bitcoin Mining Revenue Drops $99.75M Lower Than July The ongoing effects

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ethereum’s-gas-fees-remain-low-while-network-turns-inflationary

Ethereum’s Gas Fees Remain Low While Network Turns Inflationary

Leave a Comment / Bitcoin, Crypto Hacked, Cryptocurrency, deflationary model, Ethereum, Ethereum Upgrade, gas prices, Inflationary, layer two solutions, network activity, News, onchain fees, Transaction Fees / / / , , , , , , , , ,

According to recent metrics, Ethereum’s onchain fees continue to stay impressively low, with the average transaction cost this weekend at just 0.00029 ETH or $0.743. Etherscan reports that even high-priority fees are under 1 gwei, sitting around 0.972 gwei as of press time. Additionally, ultrasound.money data reveals that Ethereum’s issuance rate is currently inflationary, clocking

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bitcoin-sets-new-transaction-milestones-as-top-ten-busiest-days-occurred-in-2024

Bitcoin Sets New Transaction Milestones as Top Ten Busiest Days Occurred in 2024

Leave a Comment / Bitcoin, Blockchain, BTC, BTC transfers, Crypto Hacked, Cryptocurrency, difficulty, Ethereum, Featured, Hashrate, Miners, network, onchain fees, transactions / / / , , , , , , , , , , ,

In 2024, the Bitcoin network has hit some significant milestones, including reaching an all-time high price, achieving peak hashrate and difficulty, and recording the highest onchain fees ever. On top of these metrics, the blockchain also saw its busiest transfer day in history on April 23, with 927,010 transactions confirmed in one day. Bitcoin’s High-Traffic

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Bitcoin’s Average and Median-Sized Network Fees Rose 40% Higher in March

Leave a Comment / 150 bitcoin, Average, average BTC fee, Bitcoin, Bitcoin Transactions, block interval, Block time, Blockchain, BTC, BTC fee, BTC fees, Crypto Hacked, Crypto investors, Cryptocurrency, cryptocurrency adoption, cryptocurrency market, decentralized finance, Digital Assets, ETH, Ethereum, Fees, median, median BTC fee, Median-Sized, Mempool, Network Congestion, Network Fees, News, Onchain fee, onchain fees, Ordinal Inscription, Ordinal inscriptions, satoshis, Transaction Fees / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

In March 2023, Bitcoin’s average and median-sized fees jumped more than 40% higher after rising 122% in 10 days during the first week of February. The fees have followed the Ordinal inscription trend as more than 662,000 inscriptions reside on the Bitcoin blockchain, and 150 bitcoin worth $4.2 million have been added to fees. Bitcoin

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arbitrum’s-daily-transaction-count-surpasses-ethereum-for-the-first-time-ever

Arbitrum’s Daily Transaction Count Surpasses Ethereum for the First Time Ever

Leave a Comment / Arbitrum, Bitcoin, Blockchain, Chains, cheaper, computational workload, Crypto, Crypto Hacked, Cryptocurrency, daily transfer count, daily transfers, Dune Analytics, Ethereum, faster, growth, increase, L2, L2 scaling, Layer two, lower, main blockchain, network, networks, News, Offchain, Onchain, onchain fees, Optimism, output, Polygon, Privacy, processing, rollup, rollups, Scaling, Security, Smart Contracts, Statistics, Transaction, Verification, Virtual Machine, volume, Zero Knowledge, ZK rollups, ZKsnarks / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

According to statistics recorded this week on Tuesday and Wednesday, the layer two scaling project Arbitrum’s transaction count has surpassed Ethereum’s. On Wednesday, Arbitrum processed 1,090,510 transactions, compared to Ethereum’s 1,080,839 transfer count. L2 Scaling Solution Arbitrum’s Daily Transfers Skyrocket Layer two (L2) scaling networks have become popular over the last two years as secondary

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combined-transactions-on-arbitrum-and-optimism-l2-chains-outpace-ethereum’s-daily-transfer-count 

Combined Transactions on Arbitrum and Optimism L2 Chains Outpace Ethereum’s Daily Transfer Count 

Leave a Comment / Arbitrum, Bitcoin, Blockchain, Chains, cheaper, computational workload, Crypto, Crypto Hacked, Cryptocurrency, daily transfer count, daily transfers, DeFi, Dune Analytics, Ethereum, faster, growth, increase, L2, L2 scaling, Layer two, lower, main blockchain, network, networks, Offchain, Onchain, onchain fees, Optimism, output, Polygon, Privacy, processing, rollup, rollups, Scaling, Security, Smart Contracts, Statistics, Transaction, Verification, Virtual Machine, volume, XRP, Zero Knowledge, ZK rollups, ZKsnarks / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Since The Merge, Ethereum’s onchain fees have been considerably lower. However, combined transaction volume on layer two (L2) chains Arbitrum and Optimism has outpaced Ethereum’s onchain transaction output. On Saturday, Jan. 14, 2023, Ethereum processed 1.10 million onchain transactions, while combined transactions on Arbitrum and Optimism reached 1.32 million for the same day. Rise of

Combined Transactions on Arbitrum and Optimism L2 Chains Outpace Ethereum’s Daily Transfer Count  Read More »