Post
Topic
Board Bitcoin Discussion
Re: Mempool full? Long transaction times + fees x10!
by
Aanuoluwatofunmi
on 03/03/2023, 13:36:29 UTC
Something is brewing in the Bitcoin world? For the last 2-3 days I can I witness slow transactions and huge fees. I got used to 1sat/byte transactions and they always get through so I sent a couple of sats to myself but you can't imagine how surprised I was when I saw my tx is ~75mb from tip! My wallet suggested a fee of 10sat/bytes! So, what's going on? Is this connected with that ordinals mumbo-jumbo?  Huh

There's a change quite alright from the transaction fee recommended but still yet that does not mean you shouldn't adjust to your desired priority which the dept and time taken will be the determinant as expressed on the mempool, so if i were you, all i will first do before making a transaction is to check on the mempool first through mempool.space and see how busy it was abd also check the recommendations for the three priorities before sending my transaction, also you can adjust the charges by pumping it should it case you experience delay in time of confirmation, but to be honest the said amount of charges is still affordable because it's still within zero point in USD, meaning not upto a dollar you're being charged.