Bitcoin Surges Past $50k, Tx Fees Taper Off
Mining economics, news & insights.
Bitcoin crossed $50k, a level last seen in December 2021. Deployments of the latest generation ASICs pushed the network hashrate through the 600 EH/s level. Transaction fees are decreasing as the competition for block space is less fierce than at the end of last year. The hashprice maintains above the $80/PH/Day level. But will it hold on much longer wi…