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How Do Bitcoin Transaction Fees Work?
On Saturday, the network experienced a peak transaction fee of $40, surpassing the previous high of $31 recorded in May. This surge sparked. Free and simple Bitcoin Fee Estimator ? Calculator. Pick the optimal transaction fee by the confirmation time. ? Most accurate prediction tool! Bitcoin network fees surged to over $37, the highest since April as Bitcoin NFTs called Ordinals surge in popularity. High transaction fees.

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Transaction fees are included with your bitcoin transaction in order to have your transaction processed by a miner and confirmed by the Bitcoin network. For more advanced users, we display a chart of the current mempool transactions ordered by fee value. This can help you save money on transaction fees and ensure that your transactions are confirmed in a timely manner. Select the desired waiting time, and the tool will provide you with the recommended feerate. The popularity of Ordinals have divided the Bitcoin community, with core developer Luke Dashjr calling them "spams" in need of fixing.