Bitcoin Transactions Moving Slow Again

7 Jul
2015

blockchain-unconfirmed-transactions

It seems that the number of unconfirmed transactions on the Bitcoin blockchain has been growing steadily over the last few days with the increase in price and user interest and trading as well. We are not sure if there is some test of the network going on yet again, but as far as we know there isn’t any at the moment. Yesterday it was over 10K and today this number has grown to over 17K and the number continues to increase, essentially making the waiting time for a transaction to be confirmed to a few hours. The wait time for transactions with lower network fees could be even more, so be aware of that when sending payments or transferring BTC between wallets.



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1 Response to Bitcoin Transactions Moving Slow Again

bitminer

July 9th, 2015 at 08:58

Yesterday’s transactions on some known mining pools still haven’t been confirmed for 15+ hours yet.

I just hope this isn’t another attack on the network at large by hackers or so. I remember how ghash.io was DDoS-attacked a couple of months ago.

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