Bitcoin block 818,087 sees transaction fees soar to over $3 million, Antpool reaps rewards

exchange68September 12, 2024

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Quick Take

In a defining moment for block 818087, the Bitcoin blockchain ecosystem witnessed an unprecedented surge in transaction fees.

Exceeding 85 Bitcoin, the accumulated fees escalated to an astounding $3,194,590 million, marking one of the highest fee generations in block history. The beneficiary of this substantial windfall was none other than Antpool, the renowned Bitcoin mining pool, further solidifying its strong foothold in the sector.

Total Transaction Fees: (Source: Glassnode)

When we combine the block subsidy with these fees, the sum amounts to an impressive 91.466 BTC.

Analyst

James Van Straten

Former Lead Analyst at CryptoSlate

James fervently appreciates data, technology, and trend-spotting. As a tech and liberty maximalist, he hails Bitcoin as the 21st century’s paramount invention.

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