Tag: Transaction Fee

3 Largest Bitcoin Transaction Fees Ever Recorded

Every time someone sends a Bitcoin transaction, they must include a transaction fee to ensure the transfer is confirmed on the network. Over the past few years, there have been quite a few Bitcoin transactions with erroneous fees. Thankfully, most of the transaction¬†fees have been returned, either partially or in full. Most companies and users are very honest in this regard, even though they have no obligation to send the …
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Several Mycelium Users Report Unusually High Bitcoin Transaction Fees

Several Bitcoin users are experiencing a very strange bug when sending cryptocurrency through the Mycelium wallet. Transaction fees are designed to be nominal, yet the app is charging users nearly 20% in costs for some unknown reason. With maximum fees usually being around US$0.1, something seems to be amiss, and it needs to be addressed quickly. Mycelium Transaction Bug Causes Confusion Bitcoin users can determine their transaction fees when using …
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BitMixer User Angry Over Low Transaction Fee Causing Hours of Delays

Using Bitcoin mixing services is always a double-edged sword. While these services provide anonymity, they also require trust between unknown parties. In some cases, things can go very badly. One Reddit user lost close to US$3,500 due to a lower transaction fee. If he had taken the time to do the mixing himself, these issues would not have occurred. Using Third Parties is Always A Risk The Bitcoin mixing service …
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New Airbitz Bitcoin Wallet Update Offers Significant Improvements

Bitcoin wallets are not that difficult to find, but there are not all that many good ones either. For mobile users, the number of choices is somewhat limited. Breadwallet, Mycelium, and Airbitz are three of the most commonly used Bitcoin wallet solutions across devices. Airbitz has recently released an updated client, which makes the wallet more power efficient and reliable. New Airbitz Bitcoin Wallet Update Is Live Mobile Bitcoin wallet …
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