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Bitcoin Transaction Fees Rise to 28-Month High as Hashrate Drops Amid Price Rally

The cost of doing transactions on bitcoin is surging at a time the network is suffering its worst congestion in nearly three years.

By Omkar Godbole

Updated Sep 14, 2021, 10:25 a.m. Published Oct 29, 2020, 4:34 p.m.

Chicago Stone, side 2, recording sale of a number of fields, probably from Isin, Early Dynastic Period, c. 2600 BC, black basalt - Oriental Institute Museum, University of Chicago