Post
Topic
Board Bitcoin Discussion
Re: How Can I Pay Lower Bitcoin Transaction Fee and Not Get Stuck?
by
Gladitorcomeback
on 30/12/2023, 13:57:08 UTC
Can somebody explain why mining fees are rocketing?  Everyone is blaming Ordinals and BTC block size. Why can't the developers do something about it?

The number of spam transaction is increased and people are paying high fee to the miner for quick according to meme pool the current unconfirmed transactions are more than 460,000. Big wallets are paying more than normal and people like you and me will just wait for some miracle. Some devolpers showing interest to do something with ordinal and Inscription but generally it is not looking very easy as BTC is decentralized and everyone have free hand to use it in own way but if continues small investors will be affected.

2. How do I circumvent high fees?

Presently you have only one way, constantly check out the fee in the https://mempool.space/ and when you see that you could bear average fee then make transaction.

Note: Free accelarators not working, I have already checked and just wated my time.