 | This is caused by everybody paying priority fee to get their transaction to go through and not just get added to the nearly 300k unconfirmed transactions. As people continue to pay higher fees the block reward for miners has been steady rising along with it. As I am sure many of you are aware, this increase in transactions has been caused by the release of the Ordinals Protocol which essentially allows NFTs to be inscribed on satoshis. Here is a comparison of 15 block rewards earned 5 days ago vs today. Block Rewards 5 days ago (average block reward is 6.58 BTC) Block Rewards today (average block reward is 7.74 BTC) [link] [comments] |
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