Quick Take
- Over the weekend, we saw the one millionth Bitcoin inscription.
- This a historic feat in such a short time, as inscriptions only started to occur at the beginning of 2023.
- As a result of the surge in Inscriptions, this has been a net benefit for Bitcoin miners as their fees have skyrocketed.
- Over a 7-day moving average, the total fees paid to miners is roughly $750,000 or 27 BTC.
- A one-year high in terms of BTC fees for miners.
The post Bitcoin inscriptions cross 1M to reach new record-breaking heights appeared first on CryptoSlate.
