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The day before the Bitcoin network commissions rose, including | DEFI WORLD

The day before the Bitcoin network commissions rose, including reaching an average level of $31. This happened because of the hype around NFT based on the Ordinals protocol and the so-called BRC20 tokens.

At the same time, a rather rare phenomenon occurred in the blockchain: commissions for transactions in the block exceeded the amount of 6.25 BTC for its creation. According to Glassnode analysts, during the network overload in the first half of May, the amount of commissions per block averaged 6.66 BTC, making the total reward for miners equal to 12.9 BTC or $348,000 per block.

This has only happened five times in the cryptocurrency's history. Here is the corresponding chart with these moments.