Post
Topic
Board Beginners & Help
Re: Bitcoin Transaction Fees - Everything in one
by
o_e_l_e_o
on 25/06/2019, 08:01:40 UTC
Today, fee drops to 1 sat/ byte, it's time to move coins with cheap fees. Because fee bottoms out again, from its latest spike at 27 satoshis/ byte around 11 days ago.
It's spiked much higher than that much more recently. If you look at the third graph on Jochen's page here (https://jochen-hoenicke.de/queue/#1,4d), just 2 days ago you were looking at fees of around 100 sat/byte to get within a couple of megabytes of the tip.

As you say though, the mempool is currently clearing out to pretty much empty every few hours. Now is a good time to consolidate your coins.