F2Pool Returns $500K of Abnormal ETH Transaction Fee to Sender
F2Pool returns about $500,000 in abnormal ETH transaction fee to its sender after encountering the issue on June 11. Go to Source Powered by WPeMatico
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Nightmare Come True: User Pays $2.6 Million in Transaction Fees to Send $134 of Ether
A record ethereum transaction fee has been paid today: $2.6 million to transfer $134. The user probably mixed up the fields on the value of the transfer and the fee, eventually paying 10,668 ETH in fees, or $2.6 million, on a transaction mined by Sparkpool. A nightmare come true, the customer sent 0.55 ether, worth … Read more
A Number of Hong Kong Vending Machines Support Bitcoin Cash Payments Over BTC
Just recently, cryptocurrency evangelist Roger Ver shared a video on Twitter that shows a number of vending machines in Hong Kong that accept bitcoin cash and ethereum, but not bitcoin. A bunch of people got upset at the Tweet, including the crypto-pundit Tone Vays because they couldn’t deal with the fact that onchain bitcoin transactions … Read more
Ethereum Surpasses 700,000 Ether in Total Network Fees
Every individual cryptocurrency network has many different statistics worth keeping an eye on. The Ethereum network recently surpassed 700,000 Ether in total fees paid, which marks a rather interesting milestone. No one can deny that there are very few successful crypto projects out there. An Interesting Milestone for Ethereum Based on user adoption, transaction values, … Read more
Post-Halving Reality: 17% Of Miner Revenue is Coming From Fees
In the post-halving reality, Bitcoin miners revenue has dropped by over 60 percent. Go to Source Powered by WPeMatico
Digifinex Live AMA Hosts Bitcoin.com Chairman – Roger Ver Talks Stimulus, Useful Cryptocurrencies, Coronavirus
On May 14, Bitcoin.com Executive Chairman Roger Ver sat down with Digifinex cofounder, Kiana Shek, for an ask-me-anything (AMA) session about the cryptocurrency ecosystem. Ver explained what he thinks about the central banks printing unlimited money, the government-induced lockdowns, and his opinions about certain cryptocurrencies like BTC, BCH, XRP, ETH, and more. Bitcoin.com Executive Chairman … Read more
2 Days After the Bitcoin Halving: Network ‘Remains Strong,’ Higher Fees, Bullish Sentiment
On May 11, 2020, the Bitcoin network completed it’s third block reward halving and the network seems to be chugging along just fine. However, it may take a while longer to see the halving’s effect on the mining industry and right now bitcoin transaction fees have risen exponentially. Despite the rising fees, the research firm … Read more
Average BTC Transaction Fees Increased 300% Days Before Halving
The average transaction fee for Bitcoin peaked at $3.19 on May 8, an increase of over 300% from the average fee of $0.62 on April 26. Go to Source Powered by WPeMatico
Where to Buy Bitcoin in India: Cryptocurrency Exchanges Lower Their Fees
Since the supreme court lifted the RBI ban, more people have been looking to buy bitcoin and other cryptocurrencies in India. Responding to community feedback, a number of cryptocurrency exchanges have lowered their fees as the Indian crypto sector continues to grow. Also read: IMF Declares Global Recession, 80 Countries Request Help, Trillions of Dollars … Read more
Crypto Mining Crunch Time – Bitcoin Halving Less Than 50 Days Away While Global Economy Shudders
On or around May 13, the BTC network will see a block reward reduction as miners will go from getting 12.5 coins per block to 6.25 coins following the halving. The last time the protocol’s block reward halved was on July 9, 2016, and the global economy looked a whole lot different back then. This … Read more
