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Old 03-03-2021, 03:27 PM   #1027
afc wimbledon
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Quote:
Originally Posted by accord1999 View Post
Fees are paid per transaction, the goal is that by the time block rewards end, the number of transactions and their fees are high enough to incentivize miners to keep mining. At the moment, total transaction fees per day usually exceed 100 BTC:

https://btc.com/stats/fee
I get that an increase in the number of transactions would increase the amount of fees paid, I dont understand how the actual fee itself would get raised, isnt the amount built into the system already?
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