Over the past year, the mining pool titan Foundry USA has consistently led the network in terms of hashrate. However, this month, the bitcoin mining operation Antpool has edged ahead of Foundry, albeit marginally, in hashrate rankings. In November, out of the 4,436 blocks that were mined, Antpool was responsible for uncovering 1,218 of them, […]
Bitcoin Transaction Fees Dip Amid November’s Surging Miner Revenues
Transaction fees for Bitcoin have eased, following their surge to more than $ 18 per transaction on two separate occasions last week. As of November 24, 2023, the average fee per transaction stood at roughly $ 5.89, with the median fee per transfer being $ 2.86. Bitcoin Fees Cool Down — November’s …
Dex Trade Volumes Jumped 32% in October; November’s First Week Ends With Strong Activity
After experiencing a slump in September, with a trading volume of $ 30.22 billion, decentralized exchange (dex) activity saw a surge in October, climbing by over 32% to $ 39.98 billion. The momentum in dex trade volume has been consistent in November, with the past week alone accounting for $ 15 billion …