Questions tagged [btc]

Alessandro Mon Sep 09 2024 | 7 answers 1557

Excuse me, could you please explain what the BTC pool fee is all about? I'm a bit confused as to how it affects the mining process and ultimately, the profitability for miners. Is it a percentage of the rewards that miners receive, or is it something else entirely? Also, how does the pool fee vary from one mining pool to another? I'm eager to learn more about this aspect of cryptocurrency mining.

TaegeukChampion Sun Sep 08 2024 | 6 answers 1589

Could you please clarify the current supply of Bitcoin (BTC) for me? I understand that Bitcoin has a limited supply and that new coins are mined at a decreasing rate over time, but I'm unsure of the exact number that's currently in circulation. Could you provide me with an updated figure, as well as any insight into how this supply may change in the future? I'm particularly interested in understanding the implications of this limited supply on Bitcoin's value and the overall cryptocurrency market.

Tommaso Sun Sep 08 2024 | 5 answers 794

Dear cryptocurrency enthusiasts, I'm curious about how one can avoid the high fees associated with Bitcoin transactions. As a frequent user of BTC, I've noticed that the fees can sometimes be quite steep, especially during peak times. Is there a strategy or method that you recommend for minimizing these costs? Are there any particular wallets or services that are known for having lower fees? I'd appreciate any insights or advice you can offer on this topic.

ShintoMystery Sun Sep 08 2024 | 7 answers 964

Well, let me ask you this: have you ever heard of the phrase "Bitcoin has died"? It seems to be a common refrain in the cryptocurrency world, with many people claiming that the digital currency has faced its demise on multiple occasions. But the truth is, Bitcoin has never truly died. It's faced challenges, sure, but it's always managed to bounce back. So, when it comes to the question of how many times Bitcoin has died, I'd say the answer is zero. It's been through some tough times, but it's still alive and kicking, and continuing to evolve and adapt to the ever-changing landscape of the cryptocurrency world.

CryptoPioneer Sun Sep 08 2024 | 5 answers 1380

Can you tell me, which cryptocurrency, Bitcoin (BTC) or Ethereum (ETH), typically has higher transaction fees? I'm curious to know which one might be more expensive to use for everyday transactions or larger value transfers. Understanding the fee structure of these two popular coins is important for investors and users alike. So, which one has the upper hand in terms of transaction costs?