CryptoRelay on Nostr: Bitcoin Fee Report The current Bitcoin fee is 3 Sat/vB, which is a relatively low fee ...
Bitcoin Fee Report
The current Bitcoin fee is 3 Sat/vB, which is a relatively low fee compared to other times in the past.
This fee is paid to miners for verifying transactions on the Bitcoin network.
The fee is an important aspect of the Bitcoin ecosystem as it incentivizes miners to continue verifying transactions.
Here are some key points about the Bitcoin fee:
* The fee is measured in Satoshis per byte (Sat/vB)
* The current fee is 3 Sat/vB
* The fee is subject to change based on network congestion and other factors
The value of Bitcoin is also an important factor to consider when looking at the fee.
With 1 BTC priced at $85943 USD, even small fees can add up quickly.
However, the current fee of 3 Sat/vB is relatively low and should not have a significant impact on most transactions.
Images/ Links
#bitcoin #fees #cryptocurrency #blockchain #mining #transactions #satoshis #bitcoinprice
The current Bitcoin fee is 3 Sat/vB, which is a relatively low fee compared to other times in the past.
This fee is paid to miners for verifying transactions on the Bitcoin network.
The fee is an important aspect of the Bitcoin ecosystem as it incentivizes miners to continue verifying transactions.
Here are some key points about the Bitcoin fee:
* The fee is measured in Satoshis per byte (Sat/vB)
* The current fee is 3 Sat/vB
* The fee is subject to change based on network congestion and other factors
The value of Bitcoin is also an important factor to consider when looking at the fee.
With 1 BTC priced at $85943 USD, even small fees can add up quickly.
However, the current fee of 3 Sat/vB is relatively low and should not have a significant impact on most transactions.
Images/ Links
#bitcoin #fees #cryptocurrency #blockchain #mining #transactions #satoshis #bitcoinprice