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Bitcoin miners already made nearly $600K from Ordinals’ NFT transactions

Bitcoin miners already made nearly $600K from Ordinals’ NFT transactions

Bitcoin miners have earned nearly $600,000 in two months from a new controversial nonfungible token (NFT) protocol called Ordinals that has triggered a surge in user activity.

Ordinals allow users to inscribe data in images and other media types in newly mined blocks on the blockchain that is otherwise largely used for peer-to-peer (P2P) monetary transactions.

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