$Marathon Digital Holdings Inc(MARA)$ Block fees are quietly rising to about 1.25 BTC per 6.25 block today. Of course, MARA wouldn’t know anything about that as they have not produced any blocks. Sad! Post-halving, we may see these higher fees continue as miners will tend to pursue the highest fees to solve that next 3.125 block. Will we see transactions increase? Currently, there are about +400K/day. If unprofitable machines are suddenly shutdown, this could lead to increased transaction congestion. This will be different from the prior halving when transactions were half what they are now. Not sure how this will impact the price of Bitcoin but anytime you can’t get something, it tends to increase demand and quickly leads to a scarcity in supply.
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