The third highest block fee in history was paid on the Bitcoin blockchain.
According to Blockchain data, a total of 821.484 blocks as a reward, including the block fee, was received. 13,405 Bitcoin ($570,346) receipt.
According to Mempool data, 7,155 ($304,427) was paid in transaction fees on the block. The block was mined by Braains, one of the oldest mining pools. The block contained 3,806 transactions.
Transaction fees on the Bitcoin network hit record levels this weekend due to the impact of Ordinals. According to current data medium priority average for transactions $10.50 fee is paid. waiting to be confirmed on the blockchain More than 280,000 transactions is available.
While this increase in transaction fees is a matter of debate, for some, this emphasizes the importance of Layer 2 solutions developed for Bitcoin.