Post
Topic
Board Bitcoin Discussion
Re: Bitcoin network fee, worrying sign?
by
darkangel11
on 05/05/2023, 19:58:55 UTC
There's no clog, only a lot of people trying to outbid each other for the first block transaction. Every time this happens there's a spike in fees, but there are many ways to go around it, or simply ignore it. One of them is to use LN, the other is to opt out of the race and pay much less fee than required to be in the fist block. I never overpay and it's completely fine for me to wait 30min. Just going from 0 to 25 min lowers your fee by 40%. 25 min is nothing, I can make myself lunch in that time, or take a dump and a shower afterwards and be back to see my TX confirmed.