Bitcoin Transaction Fees Overtake Ethereum Amid Renewed Ordinals Activity
Renewed Ordinals and BRC-20 activity pushed Bitcoin's average transaction fees above Ethereum's on commonly watched measures in November. The comparison mattered less as a competition between chains than as evidence that inscription demand had become economically significant to Bitcoin blockspace and miner fee revenue.
Renewed Ordinals and BRC-20 activity pushed Bitcoin's average transaction fees above Ethereum's on commonly watched measures in November. The comparison mattered less as a competition between chains than as evidence that inscription demand had become economically significant to Bitcoin blockspace and miner fee revenue.
The mining connection was direct Bitcoin transaction-fee and miner-revenue consequence. The consequence was economic and infrastructural—where hashpower could be hosted, financed, or paid—not a change to Bitcoin's consensus rules.
The Bitcoin connection ran through bitcoin transaction-fee and miner-revenue consequence. Concrete economic consequence of inscriptions for miners and blockspace; recovers the real event hidden behind a false old-file claim.
Corrected replacement for old claim that Ordinals collections surpassed Ethereum NFT volume.