Bitcoin users spend record $2.4M in fees on halving block

Approximately $2.4 million was paid in Bitcoin fees by users, amounting to 37.7 Bitcoins (BTC), for securing a place in the fourth Bitcoin halving block with restricted capacity. Around 12:09 am UTC on April 20, Bitcoin miner ViaBTC created the 840,000th block in the Bitcoin network. This event activated an automated process, reducing the reward … Read more