Miners collect all-time record fees of $23.7 million

Miners-collect-all-time-record-fees-of-237-million

With the increased use of the Bitcoin network, miners increased mining revenue and fees paid on the 16th exceeded $23.7 million.

This increase in fees paid comes at a time of high demand for block space, partially derived from large trading volumes on the Ordinals protocol.

In the last 24 hours, the sales volume of Bitcoin NFTs reached almost $40 million, higher than the volume on networks such as Ethereum and Solana.

This increase in transaction fees has also impacted total mining revenue, currently around $63.8 million.