Post
Topic
Board Bitcoin Discussion
Re: Any idea when the Bitcoin Mempool will stop being so congested?
by
NeuroticFish
on 30/10/2020, 08:55:26 UTC
Total mempool transactions: 111,140

When is it going to go down back to 2,000 - 4,000 ??

I will try to give a you a simple and clear answer.
This "when" doesn't depends on miners, Bitcoin code doesn't allow them do more.
This "when"  depends on those who send so many transactions.
And this means nobody can give you proper estimation.

Now I will guess. I think that a big number of transactions is caused by the trading (and arbitrage) bots.
So my guess is that when the price will stop hopping around the mempool will also clear up.
I know it's not a clear date, but it's the best I can do.