The decrease in commissions occurs against the background of the fall in the rate of the main cryptocurrency –bitcoin– . Digital coin fell 35% in May.
The average transaction fee on the bitcoin network has dropped to $ 7, according to BitInfoCharts, the lowest in the last five months. In mid-April, when the digital coin renewed its all-time high at around $ 64.3 thousand, record commissions of $ 62 were recorded in its network.
After that, bitcoin quotes went down, and on May 19 there was a collapse – for the first time since January, the coin fell to $ 30 thousand. Against this background, the average transaction in the main cryptocurrency –bitcoin– network also decreased. At the end of May, bitcoin fell by 35%, and as of June 1 is trading at $ 36.1 thousand.
Also in May, a 27% decrease in the hash rate of the bitcoin network was recorded. On May 13, the hashrate of the main cryptocurrency network was 171 EH / s, but by May 30, this figure had dropped to 124 EH / s.