Mempool – Page 2 – DIGIT INFO

‘Memepool’ full: Here’s how exchanges adjust Bitcoin withdrawal fees

Amid a spike in Bitcoin transaction costs, cryptocurrency exchanges are taking measures to serve their clients properly.

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A ‘Tremendous Variety of Possible Transaction Types’ — A Look at the Conversation Between Nakamoto and Andresen

The Bitcoin mempool, otherwise known as the network’s transaction backlog, is still clogged with over 390,000 transactions waiting to be processed by miners. To clear the mempool, more than 190 blocks need to be mined. As the scaling issues continue to plague the network, a conversation between former Bitcoin developer Gavin Andresen and the network’s […]

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Bitcoin ‘under siege’ by BRC-20 coins with soaring fees, claims analyst

Bitcoin transactions and fees are at high levels, and 400,000 of them are still unconfirmed on the blockchain.

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Bitcoin Community Divided: Scaling Challenges Trigger Intense Debate as Mempool Overflows

This week, the Bitcoin community has been abuzz with discussions about the network’s scaling challenges. As the blockchain’s transfer fees continue to surge, the backlog of transactions stuck in the mempool has hit an unprecedented high. Crypto enthusiasts have been sharing their diverse perspectives on the matter, leading to a flurry of takes across various […]

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‘Bitcoin is not under attack:’ BTC maxis allay fears of a DoS offensive

Concerns circulated on Crypto Twitter of a denial of service (DoS) attack on the Bitcoin network.

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Bitcoin’s BRC20 Token Economy Skyrockets 192% to $279 Million in Just Four Days

Four days ago, the market capitalization of all the BRC20 tokens built on top of the Bitcoin network was a modest $95 million. However, over the past four days, the BRC20 market valuation has seen tremendous growth, increasing by 192% and reaching $279 million. More Than 13,000 BRC20 Tokens Built on Bitcoin Are Now Worth […]

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Binance closes BTC withdrawals amid congestion on the Bitcoin network

Bitcoin mempool was clogged with over 400,000 transactions waiting to be processed on May 7.

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Bitcoin Network Overwhelmed by 390,000 Unconfirmed Transactions and Surging Fees

In just under two weeks, the number of unconfirmed transactions on the Bitcoin network has skyrocketed from 134,000 to over 390,000, causing a bottleneck in the mempool. This surge in unconfirmed transactions has resulted in a staggering 343% increase in transaction fees, which have risen from $1.99 per transaction on April 26 to a current […]

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Memecoin hype drives Bitcoin transaction fees to multi-year highs

Despite the latest spike in Bitcoin transaction fees, the current BTC transaction cost is still far from the all-time high levels.

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Bitcoin Miners Breathe a Sigh of Relief as Difficulty Drops 1.45% After Five Consecutive Increases

Bitcoin’s network has been putting miners through the wringer lately, with five straight difficulty increases that had them on edge. However, on May 4, 2023, at block height 788,256, the network difficulty level took a dip, dropping by 1.45% and bringing the overall difficulty down to 48.01 trillion for the next two weeks. Bitcoin Difficulty […]

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