{"id":31565,"date":"2020-11-11T09:45:01","date_gmt":"2020-11-11T07:45:01","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=31565"},"modified":"2025-08-28T04:20:39","modified_gmt":"2025-08-28T01:20:39","slug":"bitcoin-network-fees-fall-below-8-as-mempool-clears","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/bitcoin-network-fees-fall-below-8-as-mempool-clears\/","title":{"rendered":"Bitcoin network fees fall below $8 as mempool clears"},"content":{"rendered":"

After the recent record surge<\/a>, Bitcoin network transaction fees fell to below $8. A congested mempool had almost cleared just a few days earlier.<\/p>\n

A record drop in transaction fees over the past weeks was observed on Sunday, 8 November, when the metric stood at $5.98. In the following two days, the cost of transactions rose slightly\u2014to $7.82 on Tuesday, 10 November.<\/p>\n

\"\u041a\u043e\u043c\u0438\u0441\u0441\u0438\u0438<\/p>\n

Source: Glassnode<\/a>.<\/p>\n<\/div>\n

The number of unconfirmed transactions fell \u2014 at the time of writing there were just under 6,000.<\/p>\n

\"\u041a\u043e\u043c\u0438\u0441\u0441\u0438\u0438<\/p>\n

Source: Blockchain.com<\/a>.<\/p>\n<\/div>\n

The mempool size declined to 2.75 MB.<\/p>\n

\"\u041a\u043e\u043c\u0438\u0441\u0441\u0438\u0438<\/p>\n

Source: Blockchain.com<\/a>.<\/p>\n<\/div>\n

Earlier on Monday, 9 November, the Bitcoin network’s hash rate rose<\/a> by 46% \u2013 from 112.6 EH\/s to 164.5 EH\/s.<\/p>\n

As of writing, this figure, according to data from Coinwarz<\/a>, had fallen to 120.6 EH\/s.<\/p>\n

Follow ForkLog on Twitter<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"

Following the recent record rise in Bitcoin network transaction fees, they fell below $8. Just a few days ago, the congested mempool was almost completely cleared.<\/p>\n","protected":false},"author":1,"featured_media":31566,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1178,1137,1127],"class_list":["post-31565","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-blockchain-fees","tag-cryptocurrency-mining","tag-mempool"],"aioseo_notices":[],"amp_enabled":true,"views":"24","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/31565","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=31565"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/31565\/revisions"}],"predecessor-version":[{"id":31567,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/31565\/revisions\/31567"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/31566"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=31565"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=31565"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=31565"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}