Bitcoin Transaction Fees Are Up More Than 1200% in Past Two Years
Bitcoin.com ----- Bitcoin transaction fees are up 1289% since March 2015 as Bitcoin transaction volume in 2017 approximates $250 million per day or about $180,000 per minute. That represents a 55% increase over 2016 and 173% over 2015. Bitcoin has added $10B to its market cap over the last year and currently processes three transactions per second. While Bitcoiners aren’t paying for bitcoin transactions like they did in May 2016, when bitcoin transaction fees peaked, 171 bitcoins in fees still went to miners on February 15. Yet the Bitcoin network continues to grow, transacting upwards of half-a-billion USD so far this year. Bitcoin’s 30-day moving average has moved towards the $1,000 mark. To learn more about Bitcoin transaction fees being up more than 1200% in past two years click on the picture below to read the article.