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- 🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
🆘 #Gate 2025 Semi-Year Community Gala# | Square Content Creator TOP 10
Only 1 day left! Your favorite creator is one vote away from TOP 10. Interact on Square to earn Votes—boost them and enter the prize draw. Prizes: iPhone 16 Pro Max, Golden Bull sculpture, Futures Vouchers!
Details 👉 https://www.gate.com/activities/community-vote
1️⃣ #Show My Alpha Points# | Share your Alpha points & gains
Post your - 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
📍 Follow Gate_Square, vote and drop your reason.
🎁 4 winners split $100 Futures Voucher! - 📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ - 💙 Gate Square #Gate Blue Challenge# 💙
Show your limitless creativity with Gate Blue!
📅 Event Period
August 11 – 20, 2025
🎯 How to Participate
1. Post your original creation (image / video / hand-drawn art / digital work, etc.) on Gate Square, incorporating Gate’s brand blue or the Gate logo.
2. Include the hashtag #Gate Blue Challenge# in your post title or content.
3. Add a short blessing or message for Gate in your content (e.g., “Wishing Gate Exchange continued success — may the blue shine forever!”).
4. Submissions must be original and comply with community guidelines. Plagiarism or re
In June, Bitcoin transaction fees dropped to below 1% of the Block Reward, marking a new low since January 2022.
Gate News bot message, as of June, the transaction fees for Bitcoin have fallen to only 0.96% of the total Block Reward, which may set a new low since January 2022.
Despite Bitcoin (BTC) trading prices nearing historical highs, this decline highlights the sluggish on-chain activity. Luxor's Hash Rate Index shows that transaction fees accounted for only 0.65% of the Block Reward in the past 24 hours. According to The Block's data dashboard, the seven-day average number of Bitcoin transactions has dropped to its lowest point since October 2023.
In April 2024, due to the post-halving surge of Runes and meme coins causing a brief network congestion, transaction fee revenue skyrocketed, and then continued to decline. Subsequently, the demand for block space gradually faded, leading to a decrease in transaction fees.
In May, transaction fees accounted for only 1.3% of the Block Reward, reaching a historic low, but data from June indicates that this proportion will further decline. The current Block Reward is 3.125 BTC, and a fee rate of less than 1% means that miners earn an average of less than 0.03 BTC in transaction fees per Block. This stands in stark contrast to May 2024 (the first full month after the halving), when transaction fees still accounted for 6.7% of the Block Reward.
The decline in transaction fee revenue has intensified the pressure on Bitcoin miners. The hash price, a key metric for measuring miner profitability, remains weak at $53 per PH/s, about 50% lower than levels before the halving.
Source: The Miner Mag