Bitcoin usable again - thanks to an empty mempool and cheap transaction fees

in #cryptocurrency • 6 years ago

A few week ago bitcoin were a total disaster. You weren't able to send transactions without waiting for hours or paying over 10$ for transactions. So I avoided to use bitcoin at all. Today I checked https://btc.com/stats/unconfirmed-tx and I rubbed my eyes in disbelief.

They recommended 0.00001 BTC/KvB fee. At first I thought this was an error, but then I checked another website and could confirm that the low fee is possible.

Assuming a standard transaction of about 250 bytes, you can send bitcoin easily with a fee under 10 cent and be still in the next two blocks.

#bitcoin #fee
6 years ago in #cryptocurrency by
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