Mar 28th 2022
Bitcoin on-chain summary: All-time high in mining difficulty next?
On-chain metrics continue flashing green as bitcoin’s price pump leads to increased network activity.
Source: Blockchain.com
Daily miner revenues increased 7% over the past seven days and are now sitting just below $42 million, the highest level in more than one month.
A higher demand for block space led transaction fees to grow 20% and are currently $460,000 per day. They still make up only 1.1% of daily miner revenues, so they are still meager historically, as we have become accustomed to since the summer.