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Bitcoin User Pays Over $105,000 in BTC to Send Just $10

A Bitcoin user paid over $105,197—nearly one BTC—to send just $10 via the Bitcoin network, a peculiar incident highlighted by blockchain observers. The transaction fees typically amount to a fraction of the transfer amount, but this case sparked discussions about unconventional transaction crafting methods. Experts suggest that the user either made an oversight or acted out of ignorance regarding the fees, as standard transaction fees have recently been low. In comparison, the average fee on the Bitcoin network was reported at approximately $0.91, allowing smaller transactions like $10 to incur significantly lower fees.

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Bitcoin Miners Must Own Power—or Die Trying Before Next Halving, MARA CEO Says

The bitcoin mining sector is facing increasing challenges due to competition, rising energy costs, and diminishing profitability, warns Fred Thiel, CEO of MARA Holdings. As more miners add capacity, profit margins narrow, primarily driven by energy expenses. Thiel emphasizes that only miners who can secure low-cost, reliable energy or pivot

Bitcoin Mining News: Only the Leanest Bitcoin Miners Will Survive, MARA CEO Warns

Fred Thiel, CEO of MARA Holdings, warns that the bitcoin mining industry is facing significant challenges due to rising competition and energy costs, leading to shrinking profits. Thiel emphasized that miners who control their energy costs or adapt their business models, such as pivoting to artificial intelligence or high-performance computing,

Bitcoin Miners Must Own Power—or Die Trying Before Next Halving, MARA CEO Says

Bitcoin mining is facing significant challenges with increasing competition, energy costs, and shrinking profits, as noted by Fred Thiel, CEO of MARA Holdings. He emphasized that miners without access to low-cost energy or innovative business models will struggle to survive. The industry is expected to become more brutal with the

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