On Tuesday, the transaction fees on bitcoin represented 75% of the current block reward, currently at 6.25 BTC, as opposed to the usual 2%-5%, said Tim Rainey, treasurer at Greenidge Generation Holdings (GREE). “This is approximately equivalent to the increase in mining revenue if the bitcoin price surged from the current $28,000 level to $50,000,” he said.
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Avalanche (AVAX) And Monero (XMR) Poised for Bullish 2023, Orbeon Protocol...
Avalanche (AVAX) and Monero (XMR) are expected to have a bullish year in 2023, with AVAX recently seeing a small rally. Meanwhile, Orbeon Protocol...