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Bitcoin Block 974961 Sets Second-Highest Transaction Count at 11,255

Bitcoin block 974961, mined by Antpool, packed 11,255 transactions, making it the second-highest transaction count in the network’s history, 984 short of the record 12,239 set by F2pool’s block 367853 on Aug. 1, 2015. The block was about 1.1 MB and used nearly 99.85% of the block weight limit, yet collected only about 0.002405 BTC in fees.

Original source

AI take

The striking detail is the near-empty fee take alongside a near-full block: capacity was consumed, but the market for block space clearly wasn't bidding up. That points to a burst of low-value or batched transactions rather than congestion-driven demand, a distinction that matters for anyone reading block fullness as a demand signal. Whether fee-light, weight-maxed blocks become a recurring pattern, and what is driving the transaction volume, is the open question worth watching.

Generated by AI for reference only.

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