2024

Bitcoin

April

Coin

<ul class="news-points">
 <li><strong>Bitcoin halving was completed late on Friday, April 19, 2024.</strong></li>
 <li><strong>The average revenue per Bitcoin block reached 21.74 BTC shortly after the halving event.</strong></li>
 <li><strong>The average transaction fee reward per block rose as high as 18.62 BTC from block 840,000 to 840,014.</strong></li>
</ul>
<p>The much-anticipated Bitcoin halving was completed late on Friday, April 19, 2024. Early reactions followed the landmark event, including changes in the average block revenue and fee reward on the Bitcoin network.&nbsp;</p>
<p>In a recent post on X, renowned Chinese crypto journalist Colin Wu highlighted visible changes since the Bitcoin halving completed at block height 840,000. According to Wu, data from <a href="https://www.oklink.com/btc/block-list" target="_blank" rel="noopener noreferrer nofollow">OKLink</a> revealed that due to Runes minting, the average revenue per block on the Bitcoin network reached 21.74 BTC.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">According to OKLink, due to rune minting, in the 15 blocks since the Bitcoin block height 840000 completed the halving to 840014, the average revenue per block has reached 21.74 BTC, of which the average transaction fee reward per block is as high as 18.62 BTC.…</p>— Wu Blockchain (@WuBlockchain) <a href="https://twitter.com/WuBlockchain/status/1781512608727896145?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">April 20, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>Wu’s report comprised revenue fo…</p>
<p>The post <a href="https://coinedition.com/bitcoin-halving-impact-average-revenue-jumps-to-21-74-btc/" rel="noopener noreferrer nofollow">Bitcoin Halving Impact: Average Revenue Jumps to 21.74 BTC</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Bitcoin Halving Impact: Average Revenue Jumps to 21.74 BTC

Coin Edition

Other articles published on Apr 20, 2024

Streaming’s Next Big Leap: CRO & ARB Fans Gather Behind the DeeStream Presale

How Long Does It Take for Bitcoin Price to Recover After Halving?

As Bitcoin Halves, On-Chain Data Shows That Old Whales And Miners Are Big Winners

Runes Protocol Launches on Bitcoin

Dogecoin’s Evolution and the Emergence of DogeDay: What You Should Know

Algotech (ALGT) Investors Thrilled By 25x Presale Potential; Celestia And Uniswap Holders Remain ...

Join our free newsletter for daily crypto updates!