From Low to High — Bitcoin Fees Jump Over 129% in 4 Days
After a short period of diminished onchain network fees, the expense of sending bitcoin has begun climbing once more, hitting a midweek average of 73.3 satoshis per virtual byte (sats/vB) or $11.48 for each transaction. Currently, a backlog of 207 mempool blocks is pending, waiting to process about 134,000 unconfirmed transactions, a situation that has […]
Go to Source
Author: Jamie Redman
Related posts:
- Bitcoin Fees Tap $60 per Transaction, Users Say Fees Restrict Adoption, Others ‘Embrace’ the BTC Fee Pump
- Bitcoin Network Faces Downturn in Transactions and Fees as Halving Approaches
- Bitcoin Miners Face Adapt or Perish Scenario as Halving Approaches in Under 60 Days
- Riot Platforms Highlights Risks Associated With Upcoming Bitcoin Halving Event in Annual Report