OP 20 August, 2020 - 05:19 PM
(This post was last modified: 21 August, 2020 - 11:17 AM by Famous Soylent.)
HOW TO USE LOW BITCOIN FEE WHEN YOUR WALLET SUGGESTS YOU FEW DOLLAR FEE AND GET YOUR TX CONFIRMED IN UNDER AN HOUR.
Sometimes mempool of Bitcoin is flooded with 40k+ unconfirmed transactions and your payment gets stuck on 0 confirmations for even 1 day or more. When there are so many unconfirmed transactions the confirmation time extends and network becomes slower so your wallet may suggest you to pay few $ fees in some cases.
You can check mempool size here: https://mempool.observer
and here what fee gives you what confirmation estimated time: https://bitcoinfees.earn.com/
It that case normally you need to use high fees for your payment to be confirmed in under an hour.
But there is a solution for you and it is actually working! (Most of transactions get confirmed in 1-2 hours)
