In the past seven days, Bitcoin fees have surpassed the $60 million mark. This increase is due to increased network activity, from which Bitcoin miners in particular are benefiting.
Bitcoin Fees Reach Six-Month High
According to a recent post by IntoTheBlock, Bitcoin fees have reached a six-month high and now exceed $60 million. This rise in fees is attributed to growing interest in Ordinals and represents an increase of 60%. Further investigation on Crypto Fees showed a notable increase in fees in November, with the highest points being reached in the last ten days.
Bitcoin Fees Drive Hashrate Up
A recent analysis of the Bitcoin hashrate on CryptoQuant showed a steady upward trend in recent weeks. This increase can be attributed to the increased transaction volume on the network, which requires increased computing power to process these transactions.
More Revenue for BTC Miners from Fees
Another notable observation is the increase in Bitcoin miners’ revenue from fees in recent weeks. Although they did not reach the peak observed around May 8th, this trend is characterized by its consistency.
BTC Trend Remains Strong
At the time of the current valuation, the Bitcoin price is stable in the $37,000 range. It continues to show a strong trend as the week draws to a close.
10 Free Spins per day over ten (10) days on Gates of Olympus or Book of Ra Deluxe.
How did we rate this casino
In addition to an unlimited bonus, Coinkings.io has a lot to offer. We have a high tolerance for VPNs, an impeccable selection of cryptocurrencies and, above all, an experienced team that immediately provided a wide range of games. In combination, all of this is very convincing.
Free spins are credited on the Gamebeat slots: Max Miner (1st), Book of Elixir (2nd) and Odin’s Tree (3rd).
How did we rate this casino
Bets.io stands out as one of our top-rated crypto casinos. It combines everything you love about Dama casinos — like a stellar game selection and rock-solid reliability — with a refreshing twist: no frustrating KYC processes and no outdated payment methods.
Metaspins is still a very young crypto casino, but it can already convince with a very modern website, a good selection of games and, above all, an excellent bonus.
After over 6 years in print journalism, I stumbled into the iGaming niche in 2017. One thing became evident to me quickly: Online Casino Reviews need more transparency! I joined the Kryptocasinos.com Team in 2023 and are the main expert for all topics related to „Player Security“. In my private life, I am an active member of the volunteer fire department and enjoy the outdoors with my dog Ruby.
We are independent, transparent and funded by revenue we generate when you sign up at a casino through us.
Our goal is to help you make better decisions when choosing a casino by offering different information, providing filters and comparison tables, and publishing objective content. Thus, we give you the opportunity to research for free, compare casinos and make your decision based on that.
We cannot guarantee that a casino that is very good for us will fit your type of player and your circumstances.
Why trust us?
We work according to transparent editorial guidelines and disclose our testing methods as well as funding. This article may contain links to our partners, but this does not influence our objective view in any way.
🍪
We use cookies. By using this site, you accept them.