Transaction Fees

Transaction Fees

Someone Just Paid a $9,000 Fee for a $120 DeFi Transaction

Omkar GodboleNov 5, 2020

A Reddit user said they accidentally paid a fee 80 times the transaction value while executing a swap on Uniswap.

Bitcoin Mining

Bitcoin Miners Saw 8% Revenue Increase in October

Zack VoellNov 2, 2020

12% of revenue came from fees, the highest percentage since January 2018.

Lightning Network

Lightning Operators Are Bracing for a Bitcoin Bull Run

Alyssa HertigNov 5, 2020

Lightning routing node operators are preparing for the horde of new users that will come in bitcoin's next bull run.

Bitcoin

Bitcoin Transaction Fees Rise to 28-Month High as Hashrate Drops Amid Price Rally

Omkar GodboleOct 29, 2020

The cost of doing transactions on bitcoin is surging at a time the network is suffering its worst congestion in nearly three years.

Transaction Fees

‘Boring’ Bitcoin Market Sends Miners’ Fee Earnings to 3-Month Low

Omkar GodboleOct 19, 2020

Bitcoin's transaction activity has cooled amid the recent lull in price action – and that's hurting miners' earnings.

Transaction Fees

Bitcoin Mining

Bitcoin Miners Saw 11% Revenue Drop in September

Zack Voell

Miners generated an estimated $328 million in September.

DeFi

Record $166M Ethereum Fees Last Month Were 6 Times Bigger Than Bitcoin’s

Paddy Baker

Ethereum continues to outpace Bitcoin in transaction fees, with DeFi mania helping push total fees to $166 million last month.

Transaction Fees

Uniswap September Volume Tops August’s $6.7B Record in 10 Days on Dizzying DeFi Demand

Zack Voell

September is the fifth consecutive monthly all-time high for Uniswap volume.

Ethereum

Ethereum Developers Weigh Gas Rule Change to Ease Fee Pressure

William Foxley

As Ethereum fees soar, a proposal to nix “gas tokens,” which let users prepay fees when they’re cheap and spend them later, is getting renewed attention.

Bitcoin Mining

Bitcoin Miners Saw 23% Revenue Increase in August

Zack Voell

Miners generated an estimated $368 million in August.

Opinion

Ethereum’s Fees Mean Choosing Between a World Computer and a Financial Network

Nic Carter

Large public blockchains are destined to privilege the largest, most fee-tolerant transactions at the expense of non-financial uses.

Transaction Fees

0x Price Hits Two-Year High on Hopes Falling Ethereum Fees Will Spur DEX Trading

Omkar Godbole

Markets excited by the prospect of declining ETH fees may have caused a surge in 0x, an Ethereum-based DEX that will benefit from decongestion.