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Coin Edition 2024-04-22 12:20:35

Bitcoin Miner Fees Spike as New Address Creation Declines

Per insights from Glassnode, there has been a significant surge in fees paid to Bitcoin miners, reaching 1,258 BTC. This increase in transaction fees coincides with a decline in the creation of new Bitcoin addresses, which dropped to 260,838. The recent Bitcoin Halving event was expected to slash block rewards by 50%, reducing miners’ yields. The post Bitcoin Miner Fees Spike as New Address Creation Declines appeared first on Coin Edition .

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