CRYPTOMARKET

Why are Bitcoin Transactions Taking So Long Today?

Bitmain are moving massive amounts of hashing power from BTC to BCH to fend off a 51% attack over the fork; and because other pools are now mining empty blocks (to generate non-BCH crypto to dump) but not mining transactions onto the ledger.

You can see the effect of this as now the mempool has increased massively, as have unconfirmed transactions. Many transactions are currently taking over 3 hours and recommended fees have increased dramatically.

https://btc.com/stats/unconfirmed-tx

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