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Replying to Avatar gladstein

In block 788695, 51.7% of the block reward was fees

A strange way to make history, but history nonetheless

And a glimpse into a future, much more robust fee market

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Carman 2y ago

In 2017 we had blocks with over 12 bitcoin in fees, we haven't seen anything yet

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4c
Deleted Account 2y ago

Yes but wasn't block subsidy 13 then? This is the first time fees > subsidy

4c
Deleted Account 2y ago

*12.5

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Carman 2y ago

It happened in 2017 as well

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niclick 2y ago

https://mempool.space/block/0000000000000000000bfa75b9bc2ecd104386e7b6877a5fedd8a791469f3a99

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ShiShi21m 2y ago

The result? ⚡

nostr:nevent1qqsfgjx22an0gsl6yumz0ggy27wqecfnu0j75cm85g7hdp7gs4qu5yqpp4mhxue69uhkummn9ekx7mqzyrsl7wla6njqx9v4nvytflxgy302552xxlsafmp2u9ntwse5r0s67qcyqqqqqqg86nx7d

nostr:nevent1qqsfgjx22an0gsl6yumz0ggy27wqecfnu0j75cm85g7hdp7gs4qu5yqpp4mhxue69uhkummn9ekx7mqzyrsl7wla6njqx9v4nvytflxgy302552xxlsafmp2u9ntwse5r0s67qcyqqqqqqg86nx7d

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