Pages:
Author

Topic: Bitcoin Block confirmations, Why do they lag at times? - page 2. (Read 644 times)

copper member
Activity: 2170
Merit: 1827
Top Crypto Casino
I understand the average bitcoin block confirmation time is around 10 minutes, however there is something that i would love to understand.
Earlier on this week i observed that at certain times the next block would be confirmed in over 1 hour while at other times 3 blocks would be confirmed in 10 minutes.

During the times when the next block would be confirmed in over 1 hour, i could still see over 40K unconfirmed transactions. What causes this lag at times?
I presume at least some transaction among the 40K unconfirmed transactions have already optimal transaction fees. Why not just confirm those transactions with optimal fees in that over-one-hour-wait?

Thanks in advance for any useful info  Wink
Pages:
Jump to: