Sunday, 21 July 2019

PSA: The mempool is very low. 1 sat/byte transactions are clearing in the next block!

In case you all are overpaying in fees, the transfer rates are VERY low. I made 2 transfer with 1 sat/byte about a hour ago and they had a confirmation in about 13 minutes.

Don't get suckered into your wallet's over priced fee estimate, always check the mempool status. For example, my favorite is https://bitcoinfees.net/

It's a good time to move!

EDIT I'm not saying that this is always the case, but is currently the case. Understand the mempool, watch it, play with it, and learn.

submitted by /u/BTC-4-LYFE
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