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cryptonews 2024-01-08 06:37:17

User Spends $64,000 in Fees to Encode 9 Megabytes of Data on Bitcoin Blockchain

Image Source: Pixabay An unidentified Bitcoin (BTC) user has invested approximately $64,000 in fees to inscribe nearly 9 megabytes of raw binary data on the Bitcoin blockchain. According to a post on X (formerly Twitter) from the Ordinals explorer Ord.io on January 7, more than 1 Bitcoin was utilized to create 332 inscriptions at around 11:20 am The post User Spends $64,000 in Fees to Encode 9 Megabytes of Data on Bitcoin Blockchain appeared first on Cryptonews .

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