List of Bitcoin Transaction Accelerator

03:54 PM UTC+8, 29 Jan 2019
355
List of Bitcoin Transaction Accelerator

List of Bitcoin Transaction Accelerator

Published 03:54 PM UTC+8, 29 Jan 2019
355

Recently, Bitcoin transactions take much longer to confirm due to a massive backlog in the Blockchain network. If you make a transaction paying a lower fee, probably you will wait in a very long time, just kidding, it will only take 10 minutes to 4 hours or more (10 minutes is the average of confirmation time of every block to mine).

But it will consume your time waiting particularly if you urgently need the product or the service you want to purchase on that online store or marketplace.

To avoid that you should set a higher TX fee or transaction fee for the BTC transaction you're going to make. If you're asking which fee should you use, visit this site, it will show you real-time the recommended fee in satoshis/byte also if how many satoshis you should set. 


How Bitcoin Transactions Get Confirmed

Bitcoin miners processes transactions in the network, which they file the transactions you made into blocks and add those blocks to the Blockchain, once your transaction is successfully mined it will be confirmed as well.

Bitcoin miners use specialized software and hardware that solve mathematical problems and issues a specific number of bitcoins as a reward which is called Bitcoin mining.This presents as an incentive for more people to mine.

These miners operated by a group of people, organizations, companies, etc. who want to make a profit by investing their money by purchasing equipment and paying electricity.

Miners actually work together in order to mined bitcoin smoothly in a Mining pool. Where they pool their resources together and splitting the reward for equally according to the number of shares they contributed.

Now, if you have some unconfirmed transactions because you accidentally set the tx (transaction) fee to low or your wallet software has an error on it that cause the fee to set as low, you need these miners on a mining pool to confirm your transaction eventually in the Blockchain network.


List of Bitcoin Transaction Accelerator [Free/Paid]

  • Viabtc.com - A mining pool that offers free bitcoin accelerator for a 100 fixed numbers of transaction per hour. They also have paid accelerator if you want since there are limited numbers they accept paid transaction accelerator which will be confirmed on the next block mined by viabtc. Viabtc only push a transaction that has minimum fee of 0.0001 BTC/KB, lower fee will be ignored.
  • BTC.com - Unlike the earlier service, this  is only a paid transaction accelerator. Fees may vary to the size of your transaction in bytes, mostly it charges from $5 and so on. 
  • AntPool - One of the largest mining pool with a free acceleration service. Which only need to make an account on the website, enter transaction id and enter captcha.


Please be aware of some services out there who wants to deceive people, pretending they can accelerate your unconfirmed transaction in which they charge for a fee. Always make a research first before paying to these suspicious websites.


Image via Pixabay

Updated 08:17 AM UTC+8, 18 Feb 2019

Related Stories

Philippines' Cagayan Economic Zone Authority Introduce ...

Feb 064 min readby ken karlo
The Philippines issues new cryptocurrency ordinance through Cagayan Economic Zone Authority (CEZA)...

Infographic: Top 8 Women in Cryptocurrency

Jan 083 min readby mrbtc
Since its inception, cryptocurrency is gradually developing into a global force for purchasing items, investing in projects...

Bitcoin 2019: What Future Lies Ahead?

Jan 0812 min readby guest
Over the years Bitcoin has experienced many bear markets and each time it has recovered and has gone on to set a new all-time high...

5 Types of Cryptocurrency Wallets

Dec 014 min readby ken karlo
Different types of wallets are used for different purposes at various times. In total, there are 5 different types of wallet...

Philippines' Cagayan Economic Zone Authority Introdu...

Feb 064 min readby ken karlo

Infographic: Top 8 Women in Cryptocurrency

Jan 083 min readby mrbtc

Bitcoin 2019: What Future Lies Ahead?

Jan 0812 min readby guest

5 Types of Cryptocurrency Wallets

Dec 014 min readby ken karlo

Featured Stories

Top 5 Best Gaming Laptop in 2019

Dec 184 min read

How to Single Name in Facebook using Mobile Phones

Jan 154 min read

Best Upcoming Gadgets To Have In 2019

Dec 107 min read

How to Hide your Active Status in Facebook not just in Messenger App

Jan 112 min read

Best Online Jobs for 2019

Jan 043 min read

Bitcoin 2019: What Future Lies Ahead?

Jan 0812 min read

Trending Stories

How to buy Steam Wallet using Gcash

Oct 104 min read

Ellipal — The Cold Wallet 2.0 Review

Dec 035 min read

Best Upcoming Gadgets To Have In 2019

Dec 107 min read

Top 5 Best Gaming Laptop in 2019

Dec 184 min read

Ledger Nano S Wallet Review

Dec 015 min read
x
By using this website, you agree to our Terms and Conditions and Privacy Policy.
Ledger Nano X - Keep your crypto secure, everywhere. Learn More