Block Sizes Exceeding 3 MB Now Common on Bitcoin Blockchain as Ordinal Inscription Demand Rises – Bitcoin News

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In addition to the rising fees, Bitcoin block sizes have regularly exceeded the 3 MB range since the record-setting block 774,628.

Block Sizes Exceeding 3 MB Now Common on Bitcoin Blockchain as Ordinal Inscription Demand Rises

Since Luxor, a bitcoin mining pool, mined a record-setting 3.96 MB block on the Bitcoin blockchain, block sizes have been larger than they were prior to that block height in the past 12 days. Statistics show that blocks larger than 3 MB are now quite common, and demand for Ordinal inscriptions has risen as they have surpassed 65,000 this weekend.Observers saw history made on Feb. 1, 2023, when Luxor mined the largest block in the Bitcoin blockchain.

 

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