Ordinals Upend BTC Mining, Pushing Transaction Fees Above Mining Reward for First Time in Years

Their emergence over the previous few months is a “cool instance of how, simply while you suppose Bitcoin has turn out to be boring, there’s one thing ready across the nook that surprises everybody,” mentioned Colin Harper, head of content material for mining pool Luxor Applied sciences who didn’t count on transaction charges to surpass the block reward between now and when the 6.25 BTC subsidy will get halved.