On April 20, the day of the Bitcoin halving, total transaction fees paid to miners jumped to 1,257.71 BTC, the highest since December 2017.
The high amounts starkly contrasted with fees from the previous day, which amounted to only 116.94 BTC. When viewed alongside the decreased block rewards post-halving, this surge in transaction fees led to an extraordinary scenario where over 75% of miner revenue was derived from transaction fees, as previously analyzed by CryptoSlate.
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