Published on May 18th, 2017 | by bitcoin0
Nearlyy 220000 Bitcoin Transactions Are Unconfirmed
The bitcoin network ground to a halt last night resulting in plenty of transactions waiting for inclusion within the blockchain.
As for now, more than 214,000 bitcoin transactions are stuck unconfirmed but the figure is growing every minute.
The current suggested fee for a 250 bytes transaction is $1.82 worth of bitcoin, according to the bitcoin company 21.co.
However, 250 bytes transactions are quite rare and most frequently transactions are around 400, requiring a fee of $3-$4.
The situation will escalate if the number of unconfirmed transactions grows within a few more weeks.