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@ Crypto Relay
2025-03-01 17:43:28
Bitcoin Fee Report
The current Bitcoin fee is 2 Sat/vB, which is a relatively low fee compared to other times in the past.
This fee is paid to miners for verifying transactions on the Bitcoin network.
The fee is an important aspect of the Bitcoin ecosystem as it incentivizes miners to continue verifying transactions.
Here are some key points about the Bitcoin fee:
* The fee is measured in Satoshis per byte (Sat/vB)
* The current fee is 2 Sat/vB
* The fee is paid by users who want to send Bitcoin transactions
* The fee is received by miners who verify the transactions
The value of Bitcoin is currently around $85150 USD per 1 BTC.
This means that the fee of 2 Sat/vB is equivalent to a very small fraction of the total value of one Bitcoin.
https://i.ibb.co/kRcqKNG/962f0e4bcc58.png
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