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Bitcoin Mempool Overwhelmed With 134,000 Unconfirmed Transactions Amid Price Volatility

April 26, 2023 Bitcoin.com

134986 txs

Amidst the buzz surrounding bitcoin’s latest price surge, a significant number of transactions are currently clogging up the mempool. As of writing, 134,986 unconfirmed transactions await confirmation, and block times are lingering above the usual ten-minute mark. Bitcoin Transactions Backlogged as Mempool Reaches Higher Levels On the morning of Wednesday, Bitcoin.com News brought to light […]

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Permianchain and Vertical Data Team Up to Bring GPU-as-a-Service to MENA

Post-Shapella Hard Fork: Ethereum Deposits Exceed Withdrawals, Wait Time Climbs, ETH Transfer Fees Jump

April 19, 2023 Bitcoin.com

annual percentage rate

It has been a week since Ethereum’s Shapella hard fork, and statistics indicate that ethereum deposits on April 18 have exceeded withdrawals for the first time since the upgrade. At present, 929,999 ether worth $1.94 billion is pending withdrawal, and over the past three days, 112,568 ether has been added to liquid staking protocols. Just […]

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Permianchain and Vertical Data Team Up to Bring GPU-as-a-Service to MENA

Ethereum Network’s Rising Gas Fees in 2023: A Balancing Act of Growth and Cost

February 3, 2023 Bitcoin.com

1.06 million transactions

Ethereum gas fees have increased 13.71% in the last two weeks, with the average fee rising from $4.52 per transaction to $5.14 per transfer on Feb. 3, 2023. Despite ethereum’s price seeing significant growth this year, its network’s gas fees have also seen a similar increase. As the demand for Ethereum’s capabilities continues to soar, […]

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Permianchain and Vertical Data Team Up to Bring GPU-as-a-Service to MENA

Stats Show Ethereum Transaction Fees Have Remained Under $5 During the Last 175 Days

December 10, 2022 Bitcoin.com

Altcoins

Fees tied to the Ethereum network have been under the $5 region per transaction during the last 175 days, according to statistics. Metrics show that on Dec. 10, 2022, the average ethereum transfer is around 0.0023 ether or $2.87 while the median-sized gas fee is around 0.00097 ether or $1.23 per transfer. Ethereum gas metrics […]

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Permianchain and Vertical Data Team Up to Bring GPU-as-a-Service to MENA

Ethereum’s Average Gas Fee Jumps More Than 80% Higher Nearing $5 per Transfer

October 11, 2022 Bitcoin.com

Altcoins

26 days ago, Ethereum transitioned from a proof-of-work (PoW) network to a proof-of-stake (PoS) blockchain and after the change, the network’s fees remained low. This week, however, Ethereum’s gas fees have increased as data from October 10 shows the average fee tapped a high of $4.75 per transaction. Ethereum’s Average Gas Fees Jump Over 80% […]

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Permianchain and Vertical Data Team Up to Bring GPU-as-a-Service to MENA

Ethereum’s Post-Merge Transfer Fees Remain Low, Since Mid-May High-Priority ETH Fees Are 93% Cheaper

September 17, 2022 Bitcoin.com

bitcoin.com

Following Ethereum’s transition from proof-of-work (PoW) to proof-of-stake (PoS) on September 15, the blockchain network’s transaction fees have been much lower than they were ten days before The Merge. Roughly four months ago on May 13, 2022, high-priority ether transactions could cost 68 gwei or $2.97 per transaction, and today at $0.18, a high-priority ether […]

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Permianchain and Vertical Data Team Up to Bring GPU-as-a-Service to MENA

Onchain Ethereum Fees Remain Low Ahead of the Merge, 4 L2 Networks Offer Transfers Below a Nickel

August 28, 2022 Bitcoin.com

Altcoins

With just over two weeks until The Merge, Ethereum network fees have reduced significantly as the average ethereum transfer fee has dropped to 0.00092 ether or $1.37 per transaction on August 28. Median-sized fees have slid to 0.00036 ether or $0.544 per transfer, and etherscan.io’s gas tracking tool notes a priority fee will cost 11 […]

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Permianchain and Vertical Data Team Up to Bring GPU-as-a-Service to MENA

For 38 Consecutive Days Ethereum Gas Fees Record the Lowest Rates Since 2020

August 7, 2022 Bitcoin.com

August 2022

In 43 days, the Ethereum network could finally see a full transition from proof-of-work (PoW) to proof-of-stake (PoS) via The Merge. Meanwhile, during the last 38 days, Ethereum’s layer one (L1) onchain transaction fees have dropped below the $5 mark and tumbled even lower by the end of July. At the time of writing, the […]

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Permianchain and Vertical Data Team Up to Bring GPU-as-a-Service to MENA

While the Bear Market’s Claws Drag ETH Prices Down, Ethereum Network Fees Remain Low

July 31, 2022 Bitcoin.com

Altcoins

While ethereum prices jumped 61% higher during the last 30 days, the crypto asset’s U.S. dollar value is still down more than 60% lower than ether’s all-time high recorded nine months ago. Amid the market downturn, the network’s average fees have been lower than $5 per transaction and on July 30, at 9 p.m. (ET), […]

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Permianchain and Vertical Data Team Up to Bring GPU-as-a-Service to MENA

Ethereum Transaction Fees Hit a 10-Month Low as Gas Costs per Transfer Sink Below $3

May 30, 2022 Bitcoin.com

Altcoins

The average Ethereum network fee has dropped to the lowest value recorded in over ten months, after fees hit a low of $2.96 per transaction on Sunday afternoon (ET). The last time ethereum transfer fees dropped below the $3 mark was last year on July 11, 2021. Moreover, median fees are even cheaper, as the […]

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Permianchain and Vertical Data Team Up to Bring GPU-as-a-Service to MENA