Huge Delays in the Bitcoin Network

Over the last period, Bitcoin has recorded its all-time high level, reaching $64,000. This seems to create large problems in the Bitcoin network, with more delays in new transactions’ confirmation from miners.

The large amount of transactions have made the network to meet its limit, giving priority to transactions with large fees that need to be paid from each user. In Bcash, we stand by our customers in every Bitcoin ATM and include the message below in every Bitcoin transaction.

“Due to a huge number of transactions and despite the fact that our company pays dynamic fees, the bitcoin network confirms transactions at a very slow speed that may take even many days. If you don’t want to wait, you can buy other coins.”

We hope that this issue will be resolved soon.