Bitcoin devs warn of fork risk to miners as fees crash
Bitcoin mining pool operators achieved a dramatic reduction in minimum fees yet inadvertently shot themselves in the foot.
Bitcoin mining pool operators achieved a dramatic reduction in minimum fees yet inadvertently shot themselves in the foot.
The percent of BTC miner revenue from fees has hit its lowest rate since 2022 and is suffering from a 90% reduction in fee minimums.
Yesterday, the BTC mining network began adopting a new, much lower threshold for minimum transaction fees: 0.1 sat/vByte.
Despite Donald Trump’s promise to bring all BTC mining to the US, his new tariffs will likely hurt the industry.
Bitmain’s Antpool reigns over the Bitcoin mining sector, and distrust can cost the average user up to six days for transaction finality.