Post
Topic
Board Bitcoin Technical Support
Re: Bitcoin transaction
by
pooya87
on 30/04/2020, 03:06:55 UTC

please don't recommend this site to anyone ever, it is just so terrible. they inflate the fees by up to 100% just because they want to always be correct with the value they report. basically they take the minimum fee for a high priority transaction and add a certain percentage to it and report that as "fastest and cheapest".
got example right now the reported value is 48 satoshi/byte whereas the absolute minimum is 23 which makes their reported value about 2x higher!
worse case scenario if you want to be safest you pay 30 which puts you at 0.2 MB and is still a lot lower than 48.

see the chart at the bottom of this page: https://jochen-hoenicke.de/queue/#0,24h