Guys I just transferred some BTC from gemini to gdax but it's been 44 minutes and it didn't even get 1 confirmation. On Blockcypher it shows miner preference medium, confidence level %88.
Why is it so slow? It has never happened to me before.
Also; before I make transfers, is there a way to see how busy btc network is? Based on what can you tell if it is busy or not?
may answer your question -- though focused on fees and corresponding timeliness of your transaction getting into a block. i find this helpful:
https://bitcoinfees.21.co/or if you want to look directly at backlog:
https://blockchain.info/charts/mempool-sizeGood morning guys!
Thanks a lot for your information els!
I would rather pay more fees for an instant transfer but the problem is I am using an exchange Gemini. I don't think users can choose their own fees. They have a flat fee where users can't change.
Please correct me if anyone is using Gemini.
Thanks.
I am using Gemini and looks clean to me and the fee is reasonable. I hope that they can add instant pay option.