Blockchain Fees | ForkLog

ForkLog 10 18.09.2020

Coinbase Pro stops covering user withdrawal fees

The cryptocurrency exchange Coinbase Pro began charging withdrawal fees. Previously, the platform covered users' costs.

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ForkLog 16 12.09.2020

Bitcoin miners earned $368 million in August

Bitcoin miners' revenues in August reached $368.3 million, up 23% from July, according to The Block.

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ForkLog 10 07.09.2020

Transaction fees accounted for 40% of Ethereum miners’ revenue

In the past month, the share of fees in Ethereum miners' revenue rose significantly. The figure stood at 40.5%, researchers at The Block reported.

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ForkLog 14 07.09.2020

Ethereum on-chain activity has declined. The DeFi segment feels the impact.

The pace of new ETH address registrations fell sharply in early September. This metric correlates with Ethereum's price, according to Xangle analysts.

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ForkLog 10 05.09.2020

Ethereum developers debate remedies for soaring gas fees

Ethereum developers, during another conference call, discussed the sharp rise in transaction fees and possible remedies, according to Cointelegraph.

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ForkLog 21 02.09.2020

Ethereum miners post record daily transaction fees

On Tuesday, September 1, Ethereum miners' revenues from transaction fees reached a record $17 million in a day. Volumes are rising amid the growing popularity of the decentralized finance market, The Block reports.

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ForkLog 25 02.09.2020

Buterin says ETH transaction costs reflect a supply-and-demand equilibrium

Ethereum co-founder Vitalik Buterin explained the current cost of transactions as the level at which demand equals supply.

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ForkLog 18 01.09.2020

Ethereum average transaction fees exceed $10 as price hits $470

On Tuesday, September 1, the average Ethereum network transaction fee reached a historic high of $10, according to Blockchair.

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ForkLog 21 30.08.2020

Average Ethereum transaction fee exceeds $6

The average transaction fee in the network of the second-largest cryptocurrency by market capitalization has again surpassed the $6 mark.

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ForkLog 7 27.08.2020

Filecoin reports preliminary results from testing Ethereum’s new fee mechanism

An EIP-1559 proposal aimed at reducing Ethereum network fees is being tested on the Filecoin network, according to project developer Jeromi Johnson.

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ForkLog 6 24.08.2020

WhiteBIT halves hryvnia deposit and withdrawal fees

On 17 August, the European cryptocurrency exchange WhiteBIT reduced the deposit top-up and withdrawal fees for hryvnia-denominated Visa and MasterCard cards from 1.5% to 0.7%. ForkLog was told this by WhiteBIT representatives.

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ForkLog 10 15.08.2020

Ethereum network fees for the week surpass Bitcoin’s by 283%

According to The Block analyst Larry Cermak, over the week the total Ethereum transaction fees amounted to $34.5 million. For Bitcoin, this figure is almost four times lower — $9 million.

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