Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: xxcsu on May 19, 2021, 08:16:48 PM



Title: Crazy ETH Transaction Fees ( GAS ), 900 / 975 / 1000 gwei today
Post by: xxcsu on May 19, 2021, 08:16:48 PM
It was a really nice round number today , so i thought its worth to make a screenshot :)
It was the time, when a lot of ppl started to dump they ETH's today , and the price fallen to the 1900$ range .

https://beszeljukmeg.com/AntminerE3/gwei.JPG


8 hours later we are back to the more affordable Transaction fees ... :

https://beszeljukmeg.com/AntminerE3/gwei2.JPG



Title: Re: Crazy ETH Transaction Fees ( GAS ), 900 / 975 / 1000 gwei today
Post by: royalfestus on May 19, 2021, 08:32:25 PM
I dont think I understand the reason for the rise in transaction fee of ETH to that height  today. Even when the market dump at that level transaction fee rose higher. maybe there was more transaction to exchange for stable. More also, most DEX does not allow setting order or stop loss, so there was no reason for the sudden rise in number of transaction. At the end of June if ethereum transaction was not significant reduce, it might get people more confused.


Title: Re: Crazy ETH Transaction Fees ( GAS ), 900 / 975 / 1000 gwei today
Post by: greg777777 on May 20, 2021, 05:09:32 AM
Not crazy but very big value.
https://i.imgur.com/sAUB6Za.jpg