Congestion

Goodbye to congestion in Bitcoin: commissions return to 1 sat/vB ($0.04)

Goodbye to congestion in Bitcoin: commissions return to 1 sat/vB ($0.04)

After days of high congestion, the Bitcoin (BTC) network is virtually free this Tuesday, May 17, with transaction fees below 80 cents in most cases. According to what it shows mempool.spacewhich is one of the web’s “waiting room” browsers, at the close of this article there are only four blocks with transactions to be processed …

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Bitcoin Fees Under $1 Despite Transaction Congestion

Bitcoin Fees Under $1 Despite Transaction Congestion

Key facts: The number of waiting blocks decreased, but not the number of pending transactions. Educating about the use of Bitcoin is crucial so that users know what to do in times like these. Despite how congested Bitcoin has been since last Wednesday, March 11, the network’s commissions for making transactions have maintained an average …

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