Frederick Munawa is a Technology Reporter for Coindesk.He covers blockchain protocols with a specific focus on bitcoin and bitcoin-adjacent networks.A lucky miner raked in 6.701 bitcoin ( BTC) or almost $200,000 in transaction fees on Sunday night, exceeding Bitcoin's current block subsidy of 6.25 BTC - an extremely rare occurrence that illustrates how a recent burst of activity on the blockchain related to the Ordinals protocol has led to soaring costs for users.
#people #information #effectively #cryptocurrencies #temporarily #transactions #compensation #transaction #sunday-night
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