Bitcoin transactions suffering long delays
- Author:Ella Cai
- Release on:2017-12-18
It is currently taking four and a half hours to sell or buy a Bitcoin, reports Business Insider.
Each sale or purchase has to be confirmed by six miners.
Miners prioritise the highest priced transaction and they also charge a reported $26 per trade.
When the crash comes, the time transactions take and the fees charged for the transactions, are expected to rise exponentially.
Each sale or purchase has to be confirmed by six miners.
Miners prioritise the highest priced transaction and they also charge a reported $26 per trade.
When the crash comes, the time transactions take and the fees charged for the transactions, are expected to rise exponentially.
