Re:Bitcoin still makes no sense
by alwillis on Sunday December 06, 2020 @02:33AM
(#25321846)
Energy use - A single Bitcoin transaction is around $8 today.
Depends on how quickly you need that transaction to hit the blockchain.
Anything over 30 minutes is currently 1 sat/vByte and 1 sat = $0.00019230 dollars. The average bitcoin transaction is about 250 bytes. That's $0.048075 or almost 5 cents.
Depends on how quickly you need that transaction to hit the blockchain.
Anything over 30 minutes is currently 1 sat/vByte and 1 sat = $0.00019230 dollars. The average bitcoin transaction is about 250 bytes. That's $0.048075 or almost 5 cents.