Sentences with phrase «miner fee level»

If network capacity increases or miner fee levels go down, we will evaluate lowering our invoice minimum again.

If network capacity increases or miner fee levels go down, the company will evaluate lowering its invoice minimum again.

As such, the firm sought to offer more options to its customers regarding confirmation times and miner fee levels that would work for them by including Bitcoin cash support.

«BitPay does not control or benefit from bitcoin miner fee levels.

Not exact matches

Counterparty is a second - level protocol that runs on top of the existing Bitcoin network and pays Bitcoin miners small fees to register Counterparty transactions in the Bitcoin blockchain.

1 / Connect your Ledger device 2 / Enter your PIN code 3 / Open the Bitcoin app on your Nano S (right click) 4 / Launch your Bitcoin Chrome application on your computer 5 / Click on «Send», a popup opens 6 / Fill in the required fields: amount, recipient address you can paste or scan, level of fees 7 / Click on the «Send» button 8 / Your Nano S requires your manual consent to authenticate this transaction: press the right button (above the «V» check icon) to confirm once you have verified the details of your transaction are right and wait until your Chrome app displays «validated» 9 / Your transaction is validated and will be tracked on the Blockchain as soon as it is confirmed by miners in accordance with Bitcoin protocol.

To put this another way, the higher the level of hash power that's dedicated to a network, the faster transactions get processed and the lower the fees associated with the transactions in question (more miners competing for fees should reduce the fees organically).