Thu 11 May 2023 ▪
6 min read
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Two Bitcoin developers are stepping up to the plate to criticize the increased transaction fees caused by BRC-20.
Two Bitcoin developers are stepping up to the plate to criticize the increased transaction fees caused by BRC-20.
The Bitcoin network is experiencing intense activity with the speculative frenzy surrounding Ordinal's BRC-20. This influx has led to real network congestion, resulting in a drastic increase in transaction fees. Yesterday, block number 788695 set a historical record by reaching 6.7 bitcoins in fees, exceeding the 6.25 bitcoin block subsidy.
Binance is facing massive withdrawals as well as transaction fees multiplied by the latest fashionable nonsense: the BRC-20…
The Russian mining industry is experiencing strong growth, with BitRiver leading the way, propelling Russia into the top 3 globally.