Btc average tx fee

0.01667827 btc to usd

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Are Bitcoin Transaction Fees Too High?
Bitcoin Average Cost Per Transaction is at a current level of , up from yesterday and up from one year ago. This is a change of % from. Data from the statistics resource BitInfoCharts puts the average transaction fee at nearly $40 as of Dec. Commentators: High Bitcoin fees. Bitcoin network fees surged to over $37, the highest since April as Bitcoin NFTs called Ordinals surge in popularity. High transaction fees.

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The more a user pays, the higher the chance their transaction will be picked up immediately as there is only a limited amount of space in each block. Table of Contents. Best practice in determining an optimal fee rate is to consult your preferred block explorer, like mempool. Receiving any fee as a miner is a subsidy for operation costs and an extra factor that guarantees profitability.