According to data from Clark Moody Bitcoin, Bitcoin crypto miners currently get on average 0.97 BTC solely in transaction fees for each block.
Bitcoin fees skyrocket!
We have previously reported on CryptoTrend that average Bitcoin transaction fees have skyrocketed to significant levels.
It is worth remembering that Bitcoin crypto miners receive a fixed fee per block of 6.25 BTC (which has been reduced with each halving that crypto experiences).
However, the income of Bitcoin miners does not end there. Additionally, they receive the transaction fees for all transactions included in that block that was mined.
This is how crypto miners at the moment are making $ 40 million per day in total.
Institutional investors will not be so easily spooked by the crypto market
Dan Tapeiro, Co-Founder of 10T Holdings, explained on Twitter that despite the recent volatility of the leading crypto, institutional investors are not fearful. On the contrary, they seem to feel confident in the potential of crypto in the future.
In fact, even if Bitcoin falls below $ 40,000, investors are not planning to flee the crypto market.
Hester Peirce highlights the need for proper crypto regulation
According to Reuters, SEC Commissioner Hester Peirce believes that the rise in institutional crypto adoption highlights the need for clear regulation.
“It is not just that there have been calls for clarity for some time and that a new administration provides an opportunity to change your mind, it is also a time when it seems that others in the market are also taking a new look »Peirce explained.
The first Ethereum 2.0 hard fork will soon happen
Today Vitalik Buterin, co-founder of Ethereum, published a plan to make the first hard fork of Ethereum 2.0, tentatively called HF1.
Through this hard fork it is planned to introduce some key updates for Beacon Chain. In this sense, the hard fork aims to review the operation of the network.
However, it is not known precisely when the crypto hard fork will occur.
In a few lines …
- Uniswap exceeded $ 100 billion in volume.
- Balaji Srinivasan, former CTO of Coinbase, said that India’s intention to ban crypto is like wanting to ban the internet.
- Deutsche Bank, Germany’s largest bank, plans to offer crypto custody.