Post
Topic
Board Bitcoin Discussion
Re: Do increased Bitcoin fees benefit anyone else except miners?
by
Charles-Tim
on 30/04/2024, 15:48:41 UTC
With the introduction of ordinals to the Bitcoin protocol fees have skyrocketed.  They have been as high as $190 US and currently are averaging $7 per transaction. 
The fee rate now is around 23 sat/vbyte. Having 1 input and 2 outputs in your transaction will cost you not up to $2. Just like before the halving time.

Runes is gone for now. Maybe until the next bullrun.