The post Bitcoin Fees Skyrockets Post-Halving Despite Mining Reward Cut! appeared first on Coinpedia Fintech News
Bitcoin fees soared to more than 2,750 Satoshis/VB or over $240 per transfer during the time of Halving. Upon this, since the 4th Bitcoin Halving, the Miners have earned 526 BTCs in fees alone. This makes an average of 17.5 BTCs per block. Miners are keeping a huge incentive to keep running at full capacity despite a cut in the rewards.