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Transaction fees in the bitcoin network fell by more than 50% in four days

10 Aug 2020 1 minute read 0 comments Danyakot

The average amount of Commission for transactions in the bitcoin network in the period from August 6 to August 9 fell by 58% — $6.47 to $2.72. The indicator recorded on August 6 was only slightly lower than the levels observed on may 21. At the same...

Bitcoin Hashrate Approaches Historic Maximum

8 Jun 2020 1 minute read 0 comments Kluma

After another recalculation of complexity, the amount of computing power in the network of the first cryptocurrency reached record levelsThe bitcoin hash exceeded 130 EH / s and approached the historic maximum of 136.24 EH / s, which was set in March...

Bitcoin (BTC) Mempool: How does the queue for BTC transactions work?

12 Apr 2020 3 minute read 5 comments MichDon

A bitcoin transaction is not immediately processed when you send it. Before processing sent bitcoin, they are first put in a queue: the bitcoin mempool (short for Memory Pool). The mempool is a kind of queue that every full node keeps for itself. Whe...

Increasing number of unconfirmed bitcoin transactions

1 Jun 2019 1 minute read 0 comments TigerTn

Hello, I made a withdrawal of bitcoins from coinpayu on 30 may 2019 to my blockchain wallet, but the transaction is still unconfirmed (0 confirmations). I decided to learn more about unconfirmed transactions and I am sharing with you what I learned....