Sweeper bots burn $4,800 in Bitcoin fees chasing $12.67
The incident highlights inefficiencies in bot operations and underscores the unintended benefits miners gain from competitive fee escalations. The post Sweeper bots burn $4,800 in Bitcoin fees chasing $12.67 appeared first on Crypto Briefing.
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Bitcoin
The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.
Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.
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A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.
Crypto prices are volatile, and governments are still deciding how to regulate it.
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