Post
Topic
Board Web Wallets
Re: Huge fee in blockchain.info
by
StevenS
on 18/12/2017, 20:14:56 UTC
The network is super congested and miners want to make money hence the insane high fees.
The miners don't set the fees. To make the most money, a miner includes the transactions that have the highest fees, but it is the creators of those transactions who set the fees. They want their transaction to be included, so they send a fee high enough to be close enough to the top of the unconfirmed transaction list. We can do nothing about that as long as the number of unconfirmed transactions remains high.