Why are bitcoin fees so high

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PARAGRAPHBitcoin BTC miners enjoy windfall profits as transaction fees spiked and the future of money, due to rising Ordinals inscriptions.

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Why Are Bitcoin Transaction Fees So High? - George Levy
Bitcoin network fees surged to over $37, the highest since April as Bitcoin NFTs called Ordinals surge in popularity. � High transaction. Avoid making small transactions: Small transactions are usually more expensive per byte than more significant transactions. The Bitcoin blockchain reached $ million in fees paid on Nov. 16, with the average transaction fee up % from a year ago.

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Krisztian Sandor. Feb 8, , pm EST. Edit Story. Use Lightning Network: Lightning Network is a layer-2 scaling solution allowing faster and cheaper Bitcoin transactions.