Bitcoin Blobfish on Nostr: 2 hours ago, The bitcoin fees were more than the block subsidy. This has happened a ...
2 hours ago, The bitcoin fees were more than the block subsidy.
https://mempool.space/block/00000000000000000001081dd49ade1108f0b5415605249804a0a95a8e63a3f6This has happened a number of times over this current high-fee period, and is an interesting bit if information that in theory fees alone can sustain the network.
Another fun tidbit. Block 788806 (12.70 BTC fees + subsidy) gave the miner more bitcoin than Block 600000 (12.538BTC) more than 3.5 years ago (which was before the last halvening)
Published at
2023-05-08 18:21:21Event JSON
{
"id": "63b03958b75f1bcacb914011ffb4678e0ce8d2f0daec590c18dc597bbdbbe212",
"pubkey": "d07d230da3c6301c291df90402a7193e3d6a55482caca1145e9e5029b91d7537",
"created_at": 1683570081,
"kind": 1,
"tags": [],
"content": "2 hours ago, The bitcoin fees were more than the block subsidy. \n\nhttps://mempool.space/block/00000000000000000001081dd49ade1108f0b5415605249804a0a95a8e63a3f6\n\nThis has happened a number of times over this current high-fee period, and is an interesting bit if information that in theory fees alone can sustain the network.\n\nAnother fun tidbit. Block 788806 (12.70 BTC fees + subsidy) gave the miner more bitcoin than Block 600000 (12.538BTC) more than 3.5 years ago (which was before the last halvening)",
"sig": "0e9f7717f738ba3853a87d73a2962c221bb3594e50c5d6ba642d85fa916f3a29da03121c9ac37de41c698b16437b75a8b2f79cea9c4a5615d69f998e18e51cbc"
}