Bitcoin mempool

Soaring Bitcoin Transaction Fees Hit Second-Highest Peak of 2023 Due to Backlog Issues

Benito CormiNov 17, 20232 min read

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…

Rapid 150% Increase in Bitcoin Transaction Fees as Demand for Block Space Rises

Benito CormiNov 9, 20233 min read

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…

Surging Demand for Bitcoin Transactions Causes 4,000% Surge in Fees

Benito CormiNov 6, 20232 min read

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.…

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