1. 06-19-17 10:34 AM #1
    Waterstpub87
    Slan go foill
    Waterstpub87's Avatar Become A Pro!
    Join Date: 09-09-09
    Posts: 4,043
    Betpoints: 7236

    What Happend to Bitcoin processing

    Several weeks ago, there were 200,000+ unconfirmed transactions, and people were waiting hours to get transactions confirmed, even with significant fees. I looked today, and there are ~25,000 unconfirmed transactions. Was there something that happened to make things confirm faster? Did people start paying more fees?

    I am relatively unsophisticated with bitcoin, and cannot find any news about it.
    Reply With Quote Reply With Quote
  2. 06-19-17 05:04 PM #2
    ThaWoj
    hope i dont wake up tomorrow
    ThaWoj's Avatar SBR PRO
    Join Date: 03-09-10
    Posts: 6,258
    Betpoints: 3591

    I noticed this too. The default fees on blockchain were like 40 cents the other day compared to over a dollar recently
    Reply With Quote Reply With Quote
  3. 06-19-17 06:38 PM #3
    littlekona
    littlekona's Avatar Become A Pro!
    Join Date: 11-19-15
    Posts: 5,218
    Betpoints: 5828

    It's just bottle neck effect once weekends and evenings hit that helps miners catch up also when price rises or drops quick and peeps panicking selling or buy it clogs network....I'd say as long as it's about 50k things move fast
    Reply With Quote Reply With Quote
Top
« Previous Thread | Bitcoin Sports Betting | Next Thread »