Bitcoin Mempool Clogs Up With 125K Transactions Waiting

  Posted: 2021-02-10

The number of transactions waiting to be confirmed in the Bitcoin mempool surged briefly above 125,000 today, February 10. This represents the equivalent of roughly 149 megabytes worth of data waiting to be added to the blockchain, which is enough to fill at least 107 upcoming blocks.
Although smaller than the spike that saw a 143,000+ transaction backlog on Dec. 17, 2020, the increasingly cluttered mempool is emboldening Bitcoin’s critics while providing forks with talking points about the speed and cost of cryptocurrency transactions.

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