Yonsei_dent
<A Clear Increase in Block Size, Evidence of Active Transactions>
The BTC Block Sizeđ´ can vary depending on the amount of transactions included in a block. Although usage can increase due to Ordinals, this often tends to lead to an increase in feesđľđĄ. đCurrently, the Block Size has increased by about 40-50% in conjunction with BTC's recent rally. However, a significant increase in fees has not been observed. This means that the increase in Block Size is due to the growth in the volume of transactions for buying/selling BTC. Of course, this increase does not directly affect the difficulty of mining. Mining difficulty and block size are different concepts. However, an increase in Block Size could mean that miners spend more time transmitting over the network, which can indirectly affect mining competition. â ď¸What is clear is that in a situation where the mining difficultyđŁ is rising, an increase in Block Size could potentially add pressure on miners to sell. This is even more likely in situations like the current one, where prices have risen sharply.