Lost in Space

Lost in Mempool: What happens if your Bitcoin transaction is not confirmed?

In the course of bitcoin halving, the size of the mempool continues to grow. Many transactions have therefore been waiting for confirmation for weeks.

The Bitcoin Halving of May 12 this year has whirled through the Bitcoin mining operations. Due to the lower block subsidy, the operation of mining rigs is only worthwhile for miners who can obtain electricity at extremely favorable conditions. As a result, there was a small bloodbath on the mining market. The hash rate in the network has dropped 21 percent since halving and was 94.8 EH / S after halfing.

Posted on 2020-05-25 00:29:53