Bitcoin Transaction Fees and other stuff

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Pain Packer (OP)

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Bitcoin Transaction Fees and other stuff

December 17, 2017, 05:58:24 PM

It is just me or the transaction fees are so high enough that it is like paying the same amount that you wanna sent?

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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.

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Re: Bitcoin Transaction Fees and other stuff

December 17, 2017, 06:07:13 PM

I found coinbase to be high. If possible convert to litecoin then transfer as fees are lower and faster speed.

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