Sentences with phrase «miner fee costs»

«Our BitPay payment minimum changes are based in large part on the miner fee costs of sending and refunding mistaken payments which many bitcoin wallets make.

It allows for payments with significantly faster network confirmations and significantly lower miner fee costs.

Customers with mistaken payments only receive partial refunds of the BTC they sent because of miner fee costs.

For thousands of bitcoin users, these improvements have saved time and money lost to payment failures, the miner fee costs of sending mistaken payments, and the miner fee costs of claiming refunds for mistaken payments.

Our BitPay payment minimum changes are based in large part on the miner fee costs of sending and refunding mistaken payments which many bitcoin wallets make.

Not exact matches

Mincor Resources has reported a half - year net loss of $ 34.7 million while fellow nickel miner Panoramic Resources has cut its directors» fees and board size to further slash costs.

Remember that this UTXO consolidation cost is not the same as the miner fee included with your initial payment to a bitcoin address.

With the rising cost of bitcoin miner fees, refunds are also often costly to send.

As we showed in our recent article on rising bitcoin miner fees, the cost of processing received bitcoin payments is also rising.

Bitcoin users can't afford to make mistakes with transactions and still pay the cost of miner fees for orders which don't complete successfully.

With the growing costs of sending and refunding bitcoin payments (average bitcoin miner fees are now more than $ 10 per transaction), preventing payment mistakes has become an urgent need for our merchants and their customers.

When the cost of bitcoin miner fees began rising exponentially in 2017, BitPay's own operational cost of moving bitcoin payments (sweeping unspent transaction outputs, or UTXOs) increased exponentially.

Horizons HGU seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to two times (200 %) the daily performance of the Solactive Canadian Gold Miners Index.

However, some solicitors made deductions of success fees from miners» compensation awards, in addition to costs they would receive from the government, to compensate for not being paid in unsuccessful cases.

Bitcoin miner fees are the costs to purchasers for sending Bitcoin transactions.

Miners are compensated for these costs through fees that are proportional to the size (in bytes) of each transaction.

In a «nutshell,» IOTA's Tangle technology eliminates the need for mining, and consequently the need to pay fees to miners; therefore making it well suited for very small no - fee transactions which would otherwise not be cost effective for the end user, or the miner.

Bitcoin mining is like a cyber cottage industry, witih miners often running old, energy inefficient PCs over weekends and can more recently, since BTC exchange rates have plummeted, spend more on energy costs than they gain in fees.

In this way, supporters hope that bitcoin will one day offer the best of both worlds, supporting high demand and «low» fees that reflect the quality of service, while also supporting miners, computer operators who devote real - world costs to securing transactions.

Concretely, the bigger the block, the more transactions can fit, the more the miner can earn on transactions fees, the more transactions get processed, the less they cost.