Ordinals Upend Bitcoin Mining, Pushing Transaction Fees Above Mining Reward for First Time in Years

Thanks! Share it with your friends!

URL

You disliked this video. Thanks for the feedback!

Sorry, only registred users can create playlists.

Buy Bitcoin on Binance

Ordinals Upend Bitcoin Mining, Pushing Transaction Fees Above Mining Reward for First Time in Years

Watch CoinDesk Video: Ordinals Upend Bitcoin Mining, Pushing Transaction Fees Above Mining Reward for First Time in Years.
For the first time since 2017, some bitcoin (BTC) miners are getting paid more to process transactions on the blockchain than they’re rewarded for creating new BTC, a potentially welcome development following the battering the industry has faced lately. CoinDesk's chief insights columnist David Z. Morris joins "All About Bitcoin" to discuss.

Bitcoin and other crypto news, prices and info.

Published:
Category: CoinDesk
910 Views

Related Videos

  • Popular What Surging Bitcoin Transaction Fees Mean for Users in El Salvador

    What Surging Bitcoin Transaction Fees Mean for Users in El Salvador

    by Bitcoin Videos Added 890 Views / 0 Likes

    Increasing activities on the Bitcoin network have pushed the average transaction fee to a 2-year high, according to data from BitInfoCharts. Asobitcoin President Will Hernandez discusses the state of El Salvador's bitcoin experiment and whether the transaction fee surge impacts BTC users in the country.

    Featured
  • Bitcoin Ordinals Increasing Block Sizes, Making BTC Mining Profitable

    Bitcoin Ordinals Increasing Block Sizes, Making BTC Mining Profitable

    by Bitcoin Videos Added 53 Views / 0 Likes

    Bitcoin Ordinals are having a huge effect on BTC block sizes and BTC mining profitability. Over 200,000 NFTs were minted on the Bitcoin blockchain last month which created $1.35M in transaction fees on chain. Grab the best mining rig here - https://voskco.in/evg Grab a Bitcoin BTC miner here! https://voskco.in/cmb Learn more about the best crypto miner to buy right now - https://medium.com/voskcoin/the-best-cryptocurrency-miner-for-2023-b96253eddcca B

  • Popular Africa Moves to Lightning Network, Stablecoins Amid Soaring Bitcoin Transaction Fees

    Africa Moves to Lightning Network, Stablecoins Amid Soaring Bitcoin Transaction Fees

    by Bitcoin Videos Added 912 Views / 0 Likes

    Bitcoin (BTC) users in Africa are increasingly moving to the Lightning Network and stablecoins as transaction fees have soared to their highest level in nearly two years. "The Hash" panel discusses the potential repercussions of BTC's fee spike and the path ahead to widespread crypto adoption.

    Featured
  • How Bitcoin Mining Works ️ Mining Rewards for Verifying Transactions  & Securing the Network

    How Bitcoin Mining Works ️ Mining Rewards for Verifying Transactions & Securing the Network

    by Bitcoin Videos Added 52 Views / 0 Likes

    🔐 Ledger Wallets ► https://bit.ly/Ledger-x1 Protect Your Crypto & Get Off Exchanges!! ⚡💰 Nano S Plus, Nano X, and Stax: From $79!! ✔️ Completely Own & Control Your Crypto! 🅸 iTrustCapital Crypto IRA ✔️ ⭐⭐⭐⭐⭐ ► https://bit.ly/iTrust-x1 Grow crypto gains TAX-FREE within a tax-sheltered retirement account. With 1% transaction fees, $0 service fees, it's soon to be the first and only crypto retirement platform that supports DeFi activity like staking. Get

  • Mining Bitcoin at home — Is it time to start?

    Mining Bitcoin at home — Is it time to start?

    by Bitcoin Videos Added 52 Views / 0 Likes

    Tune in to Market Talks with Cointelegraph’s head of markets, Ray Salmond. This episode’s special guest is Justin Kramer, CEO of Badgerland Home Crypto Mining. We’ll discuss the challenges faced by home-based miners, how to overcome them, how to be profitable, cloud mining, strategies and the potential for the mining sector. 0:00 Intro 9:15 How did you get started in crypto and mining? 10:30 Is mining a way of diversifying in crypto? 12:06 What does y

  • Popular Coinbase One: Coinbase Subscription for $0 Transaction Fees

    Coinbase One: Coinbase Subscription for $0 Transaction Fees

    by Bitcoin Videos Added 118 Views / 0 Likes

    #Coinbase #CoinbaseOne #shorts ♥ Louise Elizabeth (Every Bit Helps) ♥ 📺 Subscribe: http://bit.ly/EveryBitHelpsSub 🏦EXCHANGES🏦 ♦ Binance 20% Off Fees & $100 Bonus: https://hi.switchy.io/BinanceDiscount ♦ Binance US Sign-up: https://hi.switchy.io/BinanceUS ♦ Coinbase £10 BTC Sign-up Bonus: https://hi.switchy.io/CoinbaseBonus 🏦CEFI🏦 ♦ Nexo Sign-Up Bonus: https://hi.switchy.io/Nexo 🔐HARDWARE WALLET🔐 ♦ Ledger Nano Wallet: https://hi.switchy.io/LedgerNano ♦

  • 8 GPU Mix Mining Rig | Mining Rig Spotlight #8

    8 GPU Mix Mining Rig | Mining Rig Spotlight #8

    by Bitcoin Videos Added 51 Views / 0 Likes

    8 GPU Mix Mining Rig | Mining Rig Spotlight #8 Showcase of my 8 GPU Mix Mining Rig. I’ll be going over the Parts, What I’m Mining, the Hashrates, the Power, and the Profits of this mining rig. Thanks for Watching!

  • BREAKING: BITCOIN JUST Had LEGENDARY Cross For FIRST TIME IN 3 Years!

    BREAKING: BITCOIN JUST Had LEGENDARY Cross For FIRST TIME IN 3 Years!

    by Bitcoin Videos Added 53 Views / 0 Likes

    Sign Up Now To Our FFA Program! https://cryptocrewuniversity.com/ HUGE TRADE ALERT!!! TIME IS RUNNING OUT! Get Exclusive Access To Trade Alerts Cancel ANYTIME First Week FREE! https://cryptocrewuniversity.com/ Watch Our Popular Videos now! When To Sell Cryptocurrency - 3 Simple Steps (Taking Profit) https://youtu.be/Gm0EhwhTR28 When To Buy Cryptocurrency - 3 Simple Steps (Maximize Profit)https://www.youtube.com/watch?v=DNoSMPvfwWw&t=5s Warning: MEGA C

  • WARNING BITCOIN MEGA-SIGNAL FIRST TIME *IN 4 YEARS*... BUT THERE'S A CATCH!!!!!!!!!

    WARNING BITCOIN MEGA-SIGNAL FIRST TIME *IN 4 YEARS*... BUT THERE'S A CATCH!!!!!!!!!

    by Bitcoin Videos Added 51 Views / 0 Likes

    ✅💰 ►[ *$6,050* deposit BONUS - *NO KYC* ]◄ 💰✅ 👇 *Use THIS Link* 👇 🔷 Phemex Exchange ✔️ https://phemex.com/a/k/TylerS *PHEMEX TUTORIAL* : https://youtu.be/5SrjZsM12rI ✅💰► *$18,000* FREE BONUS ON BITGET - *NO KYC* 💰✅ 🥇 Bitget Exchange ✔️ https://partner.bitget.com/bg/TylerS *BITGET TUTORIAL* : https://youtu.be/pVCx1eiCiBA *All Affiliate links have the possibility of making me commission if used - at no extra cost to you* ✅ MY ONLY TWITTER: https://twitt

  • The Best Time To Buy Crypto For The Next 3 Years.

    The Best Time To Buy Crypto For The Next 3 Years.

    by Bitcoin Videos Added 51 Views / 0 Likes

    In this episode, we'll be discussing the 'Wall Street Cheat Sheet' and how it can help you determine the best times to buy and sell crypto. Sheldon the Sniper will explain the principles of the Wall Street Cheat Sheet and how you can apply them to the volatile and rapidly changing crypto market. By understanding this simple tool, you'll be better equipped to make informed decisions about when to buy and sell your crypto for maximum profit! 𝗬𝗼𝘂'𝗿𝗲 𝗢𝗻𝗹𝘆

  • The Truth Behind Bitcoin Mining

    The Truth Behind Bitcoin Mining

    by Bitcoin Videos Added 44 Views / 0 Likes

    Tons of myths surround bitcoin mining, from environmental concerns to energy grid problems. Anthony Pompliano breaks the truth about bitcoin mining that many people don't understand. Full What Bitcoin Did Video: https://youtu.be/oKUBpaXNH_g Pomp writes a daily letter to over 200,000+ investors about business, technology, and finance. He breaks down complex topics into easy-to-understand language while sharing opinions on various aspects of each indust

  • Mining in Bitcoin Winter

    Mining in Bitcoin Winter

    by Bitcoin Videos Added 49 Views / 0 Likes

    Interview with CK Snarks and the CEO of Hive Blockchain Aydin Kilic Lower your time preference and lock-in your Bitcoin 2023 conference tickets today!!! Use promo code BMLIVE to save 10% off your conference tickets today!!! https://b.tc/conference/bitcoin2023 Follow us on Twitter: - https://twitter.com/ck_SNARKs - https://twitter.com/videobitcoin IMPORTANT DISCLAIMER "All views expressed by hosts, guests, and interviewees of "Bitcoin Magazine Live" ar

» TOP 10 FREE BITCOIN FAUCETS! «

COINPAYU

⭐ Bitcoin Faucet
⭐ Lots of PTC ads
⭐ Earn watching vids

HONEYGAIN

⭐ $5.00 Welcome Bonus
⭐ Earn ₿ sharing your NET
⭐ Withdrawal $20

FIREFAUCET

⭐ Bitcoin Faucet & PTC
⭐ Supports 9 altcoins
⭐ Lots of ways to earn

BETFURY

⭐ Bitcoin & BNB FAUCET
⭐ Play games and earn
⭐ BetFury Coin stacking

CRYPTO WIN

⭐ BTC faucet & rewards
⭐ 0,7% daily interest!
FaucetPay Withdrawal

COINTIPLY

⭐ Bitcoin faucet
⭐ BTC or Doge withdrawal
⭐ PTC, videos and tasks

FREEBITCOIN

⭐ Oldest Bitcoin Faucet
⭐ Win up to $200 in BTC
⭐ 50% from referrals

EVERVE

⭐ Social Media Exchange
⭐ Make cash from Likes
⭐ Payout to Payeer


RSS