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Bitcoin => Bitcoin Technical Support => Topic started by: shark255 on May 19, 2016, 08:51:30 AM



Title: Where I can see bitcoin network load ?
Post by: shark255 on May 19, 2016, 08:51:30 AM
I mean, sometimes bitcoin network is overloaded and transactions goes too slow. Where I can see this info in numbers ?


Title: Re: Where I can see bitcoin network load ?
Post by: altcoinhosting on May 19, 2016, 08:54:59 AM
I mean, sometimes bitcoin network is overloaded and transactions goes too slow. Where I can see this info in numbers ?

I suppose you're talking about the unconfirmed transactions in the mempool...
This site should give you an idear : https://blockchain.info/unconfirmed-transactions


Title: Re: Where I can see bitcoin network load ?
Post by: shark255 on May 19, 2016, 09:09:24 AM
I mean, sometimes bitcoin network is overloaded and transactions goes too slow. Where I can see this info in numbers ?

I suppose you're talking about the unconfirmed transactions in the mempool...
This site should give you an idear : https://blockchain.info/unconfirmed-transactions

Maybe this is what I want, but how can I estimate bitcoin load using info given on that page ?


Some clarification of what I want: 500 bytes transaction with 0.0001 btc fee was processed in 10 minutes when system was 10% loaded
and 500 bytes transaction with 0.0001  btc fee was processed in 2 hours when system was 90% loaded.

I want to go to some page and see "Bitcoin network is loaded on 90%", then I set fee 0.0002 for 500 byte transaction..


Title: Re: Where I can see bitcoin network load ?
Post by: altcoinhosting on May 19, 2016, 09:14:04 AM
I mean, sometimes bitcoin network is overloaded and transactions goes too slow. Where I can see this info in numbers ?

I suppose you're talking about the unconfirmed transactions in the mempool...
This site should give you an idear : https://blockchain.info/unconfirmed-transactions

Maybe this is what I want, but how can I estimate bitcoin load using info given on that page ?


Some clarification of what I want: 500 bytes transaction with 0.0001 btc fee was processed in 10 minutes when system was 10% loaded
and 500 bytes transaction with 0.0001  btc fee was processed in 2 hours when system was 90% loaded.

I want to go to some page and see "Bitcoin network is loaded on 90%", then I set fee 0.0002 for 500 byte transaction..

Not exactly what you asked for, but you could use this page: https://bitcoinfees.21.co/
It gives you an estimation of how much satoshi's per byte you should add to get into the next x blocks on average.
Do be carefull: it's up to the miner if he adds your tx to a block or not. He can chose to add a tx with allmost no fees to a block before adding a tx with really high fees per byte, but usually he'll add the ones with the highest satoshi/byte fee


Title: Re: Where I can see bitcoin network load ?
Post by: Decoded on May 19, 2016, 12:15:38 PM
I mean, sometimes bitcoin network is overloaded and transactions goes too slow. Where I can see this info in numbers ?

I suppose you're talking about the unconfirmed transactions in the mempool...
This site should give you an idear : https://blockchain.info/unconfirmed-transactions

Maybe this is what I want, but how can I estimate bitcoin load using info given on that page ?


Some clarification of what I want: 500 bytes transaction with 0.0001 btc fee was processed in 10 minutes when system was 10% loaded
and 500 bytes transaction with 0.0001  btc fee was processed in 2 hours when system was 90% loaded.

I want to go to some page and see "Bitcoin network is loaded on 90%", then I set fee 0.0002 for 500 byte transaction..

Not exactly what you asked for, but you could use this page: https://bitcoinfees.21.co/
It gives you an estimation of how much satoshi's per byte you should add to get into the next x blocks on average.
Do be carefull: it's up to the miner if he adds your tx to a block or not. He can chose to add a tx with allmost no fees to a block before adding a tx with really high fees per byte, but usually he'll add the ones with the highest satoshi/byte fee

I find www.cointape.com better.

There is no such thing as the network being x% full. It has no storage capacity. Think of it as a queue. Cointape.com will show you how long you transaction should take based on the past hour and the mempool.


Title: Re: Where I can see bitcoin network load ?
Post by: jacobmayes94 on May 21, 2016, 12:53:14 AM
Look on blockchain.info to see how full the blocks are :) Anything that is at 1MB for many blocks in a row means the network is near capacity. The long confirmation times for lower fees at the moment means me being the impatient me is just sending TX with a reasonably high fee.