The new “flippening”: Bitcoin fees surpass block reward for miners

exchange681 week ago

0 0 2 minutes read

In this Alpha exclusive, we delve into the recent explosion of Bitcoin fees due to the emergence of Ordinals and BRC-20 tokens, and the role Taproot plays in their entry to the Bitcoin blockchain. One fascinating aspect is the impact on Bitcoin’s security model as block rewards diminish. For the first time since 2017, miners are being paid more than the block reward – but will this be enough to keep them incentivized in the long run? Discover the surprising consequences for miner revenue and the future of Bitcoin…

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