Ethereum’s “Fee Market” has surpassed Bitcoin

I'm not sure what conclusions we should draw from this (or how long it has been happening), but the large "Fee Market" was generally considered a bad thing for Bitcoin in terms of growing adoption. Ethereum still has cheaper individual transaction fees, but is processing a lot more transactions each day, so the total is adding up.

These are the stats from the last 24 hours. Source: https://bitinfocharts.com/

Bitcoin ($9,370)

  • Block Reward = 1,800 BTC = $16,866,000
  • Fees = 32.48 BTC = $304,337.6

Ethereum ($742)

  • Block Reward = 17,322 ETH = $12,852,924
  • Fees = 426.88 ETH = $316,744.96
  • Uncle Inclusion = 128.25 ETH = $95,347
  • Uncle Fees = 3,130 ETH = $2,322,460

Submitted May 07, 2018 at 11:32AM }
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