Skyrocketing Transaction Fees Reach $40 Bitcoin transaction fees have surged to a high of $40 per transaction on Saturday, Dec. 16, 2023, surpassing the previous record…
Rising Backlog Drives Sharp Increase in Bitcoin Transaction Fees The Bitcoin mempool, which logs unconfirmed transactions awaiting miner verification, currently has 249,000 transactions pending verification. This…
The Bitcoin Network Struggles with Congestion The increasing popularity of BRC-20 tokens has put a strain on the Bitcoin network, causing congestion and delays in transaction…
Bitcoin Transaction Fees Drop as Mining Revenue Soars The cost of transaction fees for Bitcoin has decreased, with the average fee per transfer standing at approximately…
Bitcoin’s Onchain Fees Surge to Near-Record Levels On November 16, 2023, the average transaction fee for Bitcoin peaked at $18.69 per transfer, hitting a high of…
Bitcoin Fees Soar as Network Faces Data Backlog Transaction fees within the Bitcoin network have surged considerably, eclipsing the figures recorded merely three days prior. A…
Bitcoin Transaction Backlogs Surge, High Fees Return After a period of calm, Bitcoin is once again experiencing a surge in transaction backlogs, particularly with Ordinal inscriptions.…
Bitcoin’s Transaction Backlog Nears End as Ordinal Inscriptions Decrease It has been an intriguing four months since Bitcoin’s mempool was last empty, and with the recent…
Bitcoin Miners Clearing Unconfirmed Transactions The number of unconfirmed bitcoin transactions has been steadily decreasing since reaching almost 700,000 on September 6, 2023. Currently, there are…
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