Slow BTC Network

[Yoandy10]

Well fellas, it took two different transaction about an hour each to get just three confirmations. Does this have to do with the fork? Or is it because a lot more people are using bitcoin?

[GreenBits]

Well fellas, it took two different transaction about an hour each to get just three confirmations. Does this have to do with the fork? Or is it because a lot more people are using bitcoin?

Well, this depends. I havent really tested out the network since all the shit (the fork, segwit, bitcoincash sweet jesus its been crazy). but, what were your fees looking like when you sent the transaction, and what time of day did you originate the transaction? latent network congestion is always a factor, and despite the changes, a low ball fee will make you wait. with that being said, once you get confirmed, the subsequent confirmations should roll along at a steady clip, if all is well. 20 minute confirmations are kinda the norm for me at the moment (i usually transact in DOGE/ETH for the very reason, the speed is vastly superior, let alone the fees).

[Yakamoto]

Well fellas, it took two different transaction about an hour each to get just three confirmations. Does this have to do with the fork? Or is it because a lot more people are using bitcoin?

I need to see the transaction to make a fair judgement to be completely honest.

Based on a very, very general and abstract guess, I would assume that the only issues with the network that you could be experiencing right now are either having a really low (or potentially non-existent) fee, or the confirmations were just having really wild timing. A lot of my transactions don't even start to get confirmations for about 30 minutes, and then it takes at least an hour to get 3-4. This has been the same since I started using Bitcoin to be entirely fair.

[pawanjain]

there may be multiple reasons for slow confirmations of transactions
1) paying low transaction fee
2) slow connectivity on the network
3) issues due to segwit and other stuff
4) maintenance issues etc..
we dont really know why it would take a particular time for a transaction.

[mobnepal]

Does this have to do with the fork? Or is it because a lot more people are using bitcoin?

No fork doesn't have any direct impact on bitcoin transactions but after split on august many miners have shifted towards bitcoin cash mining from bitcoin. Mining difficulty is adjusted at certain time and it happened few days ago when there was lots of miner for bitcoin so difficulty was quite high but after adjustment many miners have left mining bitcoin and start mining bitcoincash because it is profitable, thats why right now because of less miners and high difficulty blocks are being mined in more than 10 minutes that is causing congestion on bitcoin network.

This will be solved on next difficulty adjustment...

This chart shows changes in mining difficulty for bitcoin over time https://bitcoinwisdom.com/bitcoin/difficulty

[revswim93]

I always use the ViaBTC transaction accelerator. I dont agree with ViaBTCs politics 100% but the transaction accelerator works great.

https://pool.viabtc.com/tools/txaccelerator/

[Similificator]

Well fellas, it took two different transaction about an hour each to get just three confirmations. Does this have to do with the fork? Or is it because a lot more people are using bitcoin?

I actually have been having the same problems as you man, and it really is irritating and testing my patience. Specially now that i need it as soon as possible. I really don't know the reason why this is happening. But a friend of mine told me that the reasons maybe the slow internet connection(which is pretty common here in my olace), spams in the network that people who are trying to take advantage of the current split are doing or choosing low fee transactions. So maby one of those is really the reason for this problem. I just hope this gets fixed soon.

[pikebu]

Well fellas, it took two different transaction about an hour each to get just three confirmations. Does this have to do with the fork? Or is it because a lot more people are using bitcoin?

Why are blocks so slow? Because a lot of miners (most associated with Bitmain) are mining BCash since it's slightly more profitable atm.
 there are ~79k transactions stuck in the mempool. 104 blocks have been found in last 24 hours instead of the normal 144 blocks.
That's 40 blocks less (in 24 hours) than during normal 10 min blocks. With ~2000 txs per block that's roughly ~80k txs, so no more backlog. And Segwit might be active, many exchanges and wallets haven't switched yet to segwit compatible addresses, I expect that to start next week.

[Janation]

Well fellas, it took two different transaction about an hour each to get just three confirmations. Does this have to do with the fork? Or is it because a lot more people are using bitcoin?

I think the first question here is how much are you willing to pay for your transactions to the miners. You know the game of transactions, the bigger the fee, the faster the confirmation. Maybe just follow the suggested fee of your wallet to not experience any problems . And  I think it has nothing to do with the fork but the fee because this is a problem even before the fork happened.

[25hashcoin]

We're supposed to start using Bitcoin Cash. It's soon to be the real Bitcoin.

[mk4]

Well fellas, it took two different transaction about an hour each to get just three confirmations. Does this have to do with the fork? Or is it because a lot more people are using bitcoin?

I actually have been having the same problems as you man, and it really is irritating and testing my patience. Specially now that i need it as soon as possible. I really don't know the reason why this is happening. But a friend of mine told me that the reasons maybe the slow internet connection(which is pretty common here in my olace), spams in the network that people who are trying to take advantage of the current split are doing or choosing low fee transactions. So maby one of those is really the reason for this problem. I just hope this gets fixed soon.

It's definitely not because of you having slow connection. One of the biggest reasons is because the network couldn't handle the influx of transactions that's coming through. Miners are currently in a sort of "see-saw" between BTC and BCC/BCH since mining profitability is shifting, hence the miners are going back and forth between BTC and BCC/BCH. Fewer miners = fewer blocks that's being mined.

Currently we have a total of 86868 unconfirmed transactions, yep.  

[SONG GEET]

I always use the ViaBTC transaction accelerator. I dont agree with ViaBTCs politics 100% but the transaction accelerator works great.

https://pool.viabtc.com/tools/txaccelerator/

Yes its great and I have used them before and got confirmation on my transactions within few hours during huge congestion on bitcoin network.

But you have to be first 100 users to successfully include your transaction in their queue, this resets every hours (GMT time/Forum Time)

[Herbert2020]

what is your problem exactly?
is it the fact that your transaction was confirmed after a long time?
or is it the fact that it had 3 confirmation after a long time?

the first one can be because of low fee, high number of unconfirmed transactions, full blocks, miners finding blocks with a delay (maybe a lower hashrate issue), and also some miners finding empty blocks.

but the first one has only 1 reason, and that is miners aren't finding blocks. and that is a difficulty thing, and it is common from time to time when there is a bigger gap between the blocks that are being found so your see 3 confirmation after an hour for example instead of half an hour!

[ReindeerOnMe]

We're supposed to start using Bitcoin Cash. It's soon to be the real Bitcoin.

LOL, It may be the ideas of the creator of bitcoin, Satoshi Nakamoto, but I think it will not be the bitcoin that we will be using everyday but the altcoin forked out of real bitcoin's block chain. Bitcoin Segwit will still be the original bitcoin in the eyes of the users.

[Baofeng]

I always use the ViaBTC transaction accelerator. I dont agree with ViaBTCs politics 100% but the transaction accelerator works great.

https://pool.viabtc.com/tools/txaccelerator/

Yes its great and I have used them before and got confirmation on my transactions within few hours during huge congestion on bitcoin network.

But you have to be first 100 users to successfully include your transaction in their queue, this resets every hours (GMT time/Forum Time)

No doubt, I have used their service before and was able to get confirmations and good thing it is for free. But as you have mentioned, they only accepts first 100 users so you have to wait before getting your transaction to be confirmation. But it really works.

Well fellas, it took two different transaction about an hour each to get just three confirmations. Does this have to do with the fork? Or is it because a lot more people are using bitcoin?

Why are blocks so slow? Because a lot of miners (most associated with Bitmain) are mining BCash since it's slightly more profitable atm.
 there are ~79k transactions stuck in the mempool. 104 blocks have been found in last 24 hours instead of the normal 144 blocks.
That's 40 blocks less (in 24 hours) than during normal 10 min blocks. With ~2000 txs per block that's roughly ~80k txs, so no more backlog. And Segwit might be active, many exchanges and wallets haven't switched yet to segwit compatible addresses, I expect that to start next week.

I think Antpool is mining empty blocks that's why the network is congested. I don't know what they don't mine using Segwit software as it was agreed up and it seems that they are doing is on purpose. On the other hand they are losing $100K for not mining Segwit transaction. We may never know the real reason behind why they are acting like this.

[leonair]

Actually Not only you is experiencing this kind of slow sending of payment for Bitcoin, even me I experience it too but I think the main reason behind it is just simply supply and demand. We all know that in able to mine a good hashes for bitcoin you need the latest technology of Bitmain and that is the antminers and many of this miners switch to mine Bitcoin Cash instead of mining Bitcoin continuously so with this the supply of the transaction that is being made with Bitcoin is not met up that is result to congestion and high fees that is resulted to this kind of slow network that you are telling.

[Hagmonar]

Sometimes even me also like that and when i check the blockchain record there so many adresses fall in line waiting for a confirmation somatimes fast and sometimes also too slow its because a lot of people withdrawing there bitcoins and transfer to there own wallet

[Inkdatar]

Sometimes even me also like that and when i check the blockchain record there so many adresses fall in line waiting for a confirmation somatimes fast and sometimes also too slow its because a lot of people withdrawing there bitcoins and transfer to there own wallet

Most users experiencing this slow btc network because I think the higher the demand the slower transaction. Yes when you check the blockchain record it has so many awaiting to be on process the confirmation. So it become slower btc transactions the demand is increasing. But hope there will be a correction.

[FlightyPouch]

Sometimes even me also like that and when i check the blockchain record there so many adresses fall in line waiting for a confirmation somatimes fast and sometimes also too slow its because a lot of people withdrawing there bitcoins and transfer to there own wallet

Because there are a lot more of users that can pay more for their bitcoin to be transacted. There are some individuals that are always pissed with how the confirmations go but I think it is just how they handle the transaction. If they will be just paying a good fee for their transaction, there will be no problem.

[crazyivan]

Well fellas, it took two different transaction about an hour each to get just three confirmations. Does this have to do with the fork? Or is it because a lot more people are using bitcoin?

I guess hash power s been switching betweer BTC and BCC, this is just a temporary phenomenon since large mines re going to increase their hash on both networks due to increased profitability. Not to mention BTC lighting network will be here soon.