today i send a transaction with 2$ fee and it got confirmed in just 2 minutes
I sent a 6$ transaction and it was confirmed at no time, but if the 2$ were to be as effective, I am so angry at myself for throwing away the 4$ difference
Topic: BTC confirmation is so fast now - page 2. (Read 496 times)
today i send a transaction with 2$ fee and it got confirmed in just 2 minutes
I sent a 6$ transaction and it was confirmed at no time, but if the 2$ were to be as effective, I am so angry at myself for throwing away the 4$ difference
bitcoin confirmations are always at the same speed! they are as fast as the time that it takes to find a block which is 10 minutes on average.
what is changing is the fees and because of that the priority that individual transactions get.
the fees change based on how many transactions are being made and how many of them are being confirmed. recently because of a temporary big drop in bitcoin hashrate, fewer blocks were found and as a result less transactions were mined. additionally due to price dropping many bitcoin transactions were made all of which caused the mempool (number of unconfirmed transactions) to grow.
this means a competition to get higher priority by paying higher fees.
and none of this has anything to do with "confirmation speed"
what is changing is the fees and because of that the priority that individual transactions get.
the fees change based on how many transactions are being made and how many of them are being confirmed. recently because of a temporary big drop in bitcoin hashrate, fewer blocks were found and as a result less transactions were mined. additionally due to price dropping many bitcoin transactions were made all of which caused the mempool (number of unconfirmed transactions) to grow.
this means a competition to get higher priority by paying higher fees.
and none of this has anything to do with "confirmation speed"
today i send a transaction with 2$ fee and it got confirmed in just 2 minutes
How much btc did you send for a 2$ fee,OP?
All the unconfirmed transactions will be cleared,but i`m wondering who is sending all the spam micro-transactions ,that flood the blockchain.I thought that the Segwit2x supporters and devs are responsible for this ,but Segwit2x was cancelled.Perhaps some miners are going this in order to increase the transaction fees.
Posts like this make me happy. Means the take rate of bitcoin is increasing
today i send a transaction with 2$ fee and it got confirmed in just 2 minutes
How much btc did you send for a 2$ fee,OP?
All the unconfirmed transactions will be cleared,but i`m wondering who is sending all the spam micro-transactions ,that flood the blockchain.I thought that the Segwit2x supporters and devs are responsible for this ,but Segwit2x was cancelled.Perhaps some miners are going this in order to increase the transaction fees.
This is because bitcoin is starting to finish his backlogs
https://blockchain.info/unconfirmed-transactions
the transaction speed and its corresponding fees is now coming back to normal
https://blockchain.info/unconfirmed-transactions
the transaction speed and its corresponding fees is now coming back to normal
today i send a transaction with 2$ fee and it got confirmed in just 2 minutes
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