hello
i have question, why bitcoin transaction fee is to high at this time? i should add 172 sat/B for my transaction to confirm in 20 minutes, 10 days ago my transactions confirmed only with 10sat/B
The halving happened and the difficulty didn't adjust correctly to show the drop in mining hash rate as it happened close to the middle of the period.
That's why in the last 24 hours we have
127 blocks mined out of 144 normally, a decrease in capacity by 17 blocks or 30k transactions.
and can i speed up my transactions?
Without paying a bigger fee as others suggested or if you can't grab a place at viabtc free accelerator, nope, there is no other way.
i found a website : bitaccelerate.com that says they speedup transactions, is it really work?
There are only two ways to accelerate your transactions:
- pay a higher fee, directly or indirectly
- convince a miner or mining pool to include your transaction in his next block even if you pay less than others (viabtc is doing this for 100 tx an hour)
LE:
Oh, and if the transaction is nothing important or urgent, wait for the weekend, usually it drops to 2-3/sat level.