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The revenue of Bitcoin transaction fee revenue has skyrocketed. In the past, the bitcoin transaction.

DEMIURGE

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This is the most high level in two years for transaction fee revenue collected by bitcoin miners. The volume of transaction fee revenue collected by bitcoin miners skyrocketed in May, hitting its peak in more than two years since May 1.

In the The Block dashboard, as of May 29, the share of mining revenue from transaction fees is 14.3%.

More than 11 percent in April, this is 11% more than in March and the highest since 2021.

Why the sudden jump? The reason for the sudden jump? Ordinals, a method of creating art on the web pegged to Satoshi is the smallest unit of account on the Bitcoin network. The rise of Ordinals, a method of creating art on the web pegged to Satoshi, which is the smallest unit of account on the Bitcoin network.

Bitcoin has become the second largest network for NFTs in the past few weeks, according to trading data from weekly trading data. The number of NFT networks that have been active over the past few weeks is behind Ethereum and Ethereum was noted by daily trading data.

Transaction traffic for the Bitcoin transaction in May hit a new all-time monthly high in May, hitting 14.9 million as of May 29. Mining revenue is at its highest level since May and has approached $840 million to date. The total monthly mining revenue in the past month exceeded $840 million, as of last May.
 
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