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Category Unconfirmed Transactions

MainNewsUnconfirmed Transactions
Average Onchain Bitcoin Fees Drop Below $2, Lowest in Over 250 Days

Average Onchain Bitcoin Fees Drop Below $2, Lowest in Over 250 Days

Since July 1, the average transaction fee on the Bitcoin blockchain has remained below $2, with current onchain fees at 15.5 satoshis per virtual b...
Jul, 14, 2024
by Bitcoin News
From Half a Million to 27K: Bitcoin’s Transaction Backlog Set to Clear for First Time in Four Months

From Half a Million to 27K: Bitcoin’s Transaction Backlog Set to Clear for First Time in Four Months

It’s been a captivating four months since Bitcoin’s mempool last emptied, and with the recent downturn in Ordinal inscriptions this month, the back...
Oct, 03, 2023
2 min read
by Bitcoin News
Amid Falling Inscriptions, Bitcoin Miners Chip Away at Transaction Backlog

Amid Falling Inscriptions, Bitcoin Miners Chip Away at Transaction Backlog

Bitcoin miners have been steadily clearing the mempool of unconfirmed transactions since the number almost reached 700,000 on September 6, 2023. Cu...
Sep, 30, 2023
1 min read
by Bitcoin News
As Ordinal Transaction Dominance Soars, NFT Advocates Question Bitcoin’s Reported Downturn

As Ordinal Transaction Dominance Soars, NFT Advocates Question Bitcoin’s Reported Downturn

Metrics reveal a significant day for the Bitcoin blockchain as 411,511 Ordinal inscriptions were minted Sunday, clinching the title of the second m...
Aug, 21, 2023
2 min read
by Bitcoin News
Bitcoin’s Transaction Backlog Surges Past 400,000

Bitcoin’s Transaction Backlog Surges Past 400,000

A fortnight ago, unconfirmed BTC transactions dipped under 300,000. However, they’ve since rebounded, surpassing the 400,000 mark. While the averag...
Aug, 20, 2023
2 min read
by Bitcoin News