Definition of «miner fees»

Miner fees refer to small amounts of cryptocurrency paid to miners as a reward for validating and adding transactions to the blockchain network. These fees are utilized to prioritize and speed up transactions and ensure their secure processing.

Sentences with «miner fees»

  • Most importantly, it will save bitcoin users the cost of bitcoin miner fees for payments that don't succeed. (blog.bitpay.com)
  • The Network Cost fee included in your invoice total covers the Bitcoin or Bitcoin Cash miner fee cost of BitPay's transaction sweep for your payment. (bitpay.com)
  • Bitcoin users can't afford to make mistakes with transactions and still pay the cost of miner fees for orders which don't complete successfully. (blog.bitpay.com)
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