Wow now the count is at almost 174k unconfirmed transactions... seems like many will loose faith in bitcoin and move to other coins....
I have, I am a small-time miner that is in it for profit, will bills coming up I need trade bitcoin to a fiat to get cash. With this uncertainty that my bitcoin will be stuck for weeks I have switched from mining at nicehash to other pools that pay to a exchange wallet, I will then convert Zcash, BCH, and XMR to Litcoin or ether and maybe buy the pump. But in reality it is the only way to get cash out of the market for bills and other cost. It will better the altcoin market to a fair value after all the negative news and panic sale that have happened this year
With 174k unconfirmed transaction and 3 blocks to 2 a hour, that queue will just keep growing, there no FIFO, it is based on a fee market, high fees win which means less profit for me, and I also don't have the time to waste on waiting, already $450 down the drain that be $200 if and when I get it.
Hello:
I didn't know that a private person could still mine and make a living. I haven't sold any BTC during the last couple days but I bought quite a bid even up until late last night and did not experience any delay...do you want to sell your BTC directly to me - I'd be gladly to buy it off your hand if the price is right ?😊
I always want to ask a miner: if the large pool miners leave BTC, how quickly the difficulty level drop ? Wouldn't that be beneficial for you with less competition ?
Is there a best way for someone like me to start mining ? I know the equipment is getting so ridiculous- but if I could invest some money to mine my own I wouldn't mind...