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Cryptela — Cryptocurrency News and Market Intelligence
cryptonews 2023-02-15 19:30:00

Improving Bitcoin Fee Revenue Momentum Could Soon Send an Key Bullish BTC Signal

The miners who power the Bitcoin network, and are still largely incentivized to do so via the printing of new BTC tokens, are benefitting from an uptick in daily network fees, according to data provided by crypto analytics firm Glassnode. At present the Bitcoin network rewards its miners with 6.25 Bitcoins for every block that it mined (about every 10 minutes), though the Bitcoin network also charges a small fee for transactions, which also goes towards miners.... Read More: Improving Bitcoin Fee Revenue Momentum Could Soon Send an Key Bullish BTC Signal
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