Average Onchain Bitcoin Fees Drop Below $2, Lowest in Over 250 Days
Since July 1, the average transaction fee on the Bitcoin blockchain has remained below $2, with current onchain…
Browsing Tag
Unconfirmed Transactions
17 posts
From Half a Million to 27K: Bitcoin’s Transaction Backlog Set to Clear for First Time in Four Months
It’s been a captivating four months since Bitcoin’s mempool last emptied, and with the recent downturn in Ordinal…
Amid Falling Inscriptions, Bitcoin Miners Chip Away at Transaction Backlog
Bitcoin miners have been steadily clearing the mempool of unconfirmed transactions since the number almost reached 700,000 on…
As Ordinal Transaction Dominance Soars, NFT Advocates Question Bitcoin’s Reported Downturn
Metrics reveal a significant day for the Bitcoin blockchain as 411,511 Ordinal inscriptions were minted Sunday, clinching the…
Bitcoin’s Transaction Backlog Surges Past 400,000
A fortnight ago, unconfirmed BTC transactions dipped under 300,000. However, they’ve since rebounded, surpassing the 400,000 mark. While…
Bitcoin Network’s High Difficulty Levels Poised to Ease Amid Longer Block Intervals
Upon achieving an unprecedented all-time high on July 11, 2023, soaring to a staggering 53.91 trillion, Bitcoin’s difficulty…
Ordinal Inscriptions Approach 19 Million Amid Stagnant Fees, Bitcoin NFT Sales Drop
The number of Bitcoin Ordinal inscriptions on the blockchain is nearing 19 million, a trend that has continued…
Bitcoin Blockchain Clears Over 187,000 Unconfirmed Transactions Since Last Week
Throughout the past week, the Bitcoin blockchain has successfully confirmed over 187,000 unconfirmed transactions, as shown by recent…
Bitcoin’s Average Transfer Fee Surged 92% in 4 Days With More Than 330,000 Unconfirmed Transactions in the Backlog
With 13.15 million ordinal inscriptions on the Bitcoin blockchain, demand has continued to keep network transfer fees high,…
Bitcoin Makes Progress in Clearing Backlog, but Lightning Network Capacity and Channels Dropped Amid Congestion
In the past week, the Bitcoin network has made progress in resolving its congestion issues. On May 7,…