I'm raising skepticism on this thread.
2. Low Transaction Fees: Miners are incentivized to include transactions with the highest fees in the next block. If a transaction fee is too low, miners may delay processing it in favor of higher-paying transactions. Users who set low fees during peak congestion may find their transactions stuck for an extended period.
It's common misconception. The actual reason is low TX fee
rate.
4. Large Transaction Size: Bitcoin transactions vary in size based on the number of inputs and outputs. Transactions that take up more block space require higher fees to be prioritized by miners. A large, low-fee transaction may remain unconfirmed longer than a smaller transaction with an optimal fee.
6. Dust Transactions: Some transactions involving tiny amounts of Bitcoin (dust) may not be prioritized by miners due to their insignificant fees relative to their size, leading to long confirmation times.
Are there any analysis or statement for mining pool that they intentionally put lower priority to large TX size or TX with dust UTXO regardless of it's TX fee rate?
5. Use SegWit and Taproot Addresses: Segregated Witness (SegWit) and Taproot transactions reduce transaction size, making them more efficient and lowering fees. Using a wallet that supports these features can improve transaction speeds.
It's good suggestion, although people shouldn't forget what matters most is the TX fee rate.
5. Use SegWit and Taproot Addresses: Segregated Witness (SegWit) and Taproot transactions reduce transaction size, making them more efficient and lowering fees. Using a wallet that supports these features can improve transaction speeds.
It's good suggestion, although ultimately mining pool only care about TX fee rate and don't care what kind of address you use.
The Role of Bitcoin Accelerators
Among the available BTC accelerators, Fujn BTC Accelerator has gained significant attention for its ability to work with multiple mining pools, providing users with a reliable way to speed up confirmations. Unlike some services that rely on a single mining pool, Fujn BTC Accelerator offers both free and priority acceleration options, making it a preferred choice for Bitcoin users.
I never heard of this accelerator. Does anyone know whether it actually works or which mining pool being used?
P.S. I intentionally remove the url tag.
- Free Accelerators: Certain services allow users to submit their transaction IDs without charge, rebroadcasting them to miners to improve confirmation speed.
Rebroadcast TX
does not make miner prioritize that TX. In addition, many wallet, full node and blockchain explorer also have TX broadcast/re-broadcast feature.