Bitcoin24h $81,207.29+2.61%

Ethereum24h $2,275.00+1.39%

XRP24h $1.49+4.55%

BNB24h $680.17+1.93%

Solana24h $92.20+2.26%

TRON24h $0.3528+0.79%

Dogecoin24h $0.1164+3.14%

Hyperliquid24h $46.33+20.37%

Cardano24h $0.2704+2.75%

UNUS SED LEO24h $10.20+1.26%

Explained: Why Bitcoin users don’t send transactions directly to miners

Many believe that Bitcoin users send transactions directly to miners or pool operators. However, things are a little more random than that.

Tether to spend profits on growing its mysterious bitcoin reserves

As of March, Tether’s $1.5B in bitcoin was triple the amount of cash in its reserves. This change will likely exacerbate that difference.

Bitcoin ordinals are akin to spam, according to long-time developer Luke Dashjr, as the new NFT market causes congestion.

Binance halted withdrawals of bitcoin as on-chain fees spiked due to increased usage of the ordinals protocol.

Bitcoin block 788695 registered higher transaction fees than miner’s rewards, triggering criticism that ordinals are breaking bitcoin.