When you make a bitcoin transaction, you must include a transaction fee. This fee goes to the miners who process your transaction on the Bitcoin network. The transaction fee is calculated based on a number of factors, including the size of the transaction and the number of blockchain confirmations you want. In this article, we’ll […]
Where Do Ethereum Gas Fees Go
When you send a transaction on the Ethereum network, you are required to pay a gas fee. This gas fee goes to the miners who process your transaction. Miners are rewarded for their work by being paid in gas fees. They use these fees to pay for the electricity and hardware costs associated with mining. […]
Read Time:
17 Min
0
0