FexFund Reports Delays in Bitcoin Processing.
This news item is of interest to any investor in any HYIP who made his deposit in Bitcoin. Apparently, there is so much activity in Bitcoin transactions that the confirmation process has become overwhelmed to the point that there are now lengthy delays in having either a deposit or withdrawal confirmed. There is hope that this situation will be resolved in the next few days. Here is the announcement from FexFund (will be reviewed soon)…
Attention Bitcoin investors,
Attention Bitcoin investors. As Blockchain status is Extremely Slow, you might experience the delay in deposit crediting or withdraws. All the money goes instantly from our wallet but then it gets stuck in Bitcoin network so there is not much we can do to speed it up. We are sorry for that and we hope that the Bitcoin network will cope with that very soon. You can see the BTC network condition in here: https://bitcoin.coinpayments.net/
AltCoiner Provides Additional Details on Bitcoin Processing Delays.
Rarely do two HYIPs report on the same thing. However, this is the case with the problems that currently exist with the processing of Bitcoin transactions. So, this is a significant problem that will affect the entire HYIP industry. The following release from AltCoiner (reviewed here) provides more details. Stay tuned to Emily News for updates on this situation.
Greetings from AltCoiner team!
Bitcoin Transaction Congestion Surpasses All-Time-High!
As the Bitcoin price has reached $1500 & more the network also suffered from significant transaction congestion. For the past 36 hours, there has been a vast backlog of unconfirmed transactions. Currently, there are over 125,000 unconfirmed transactions waiting in the mempool. We’d like to update our users with the information related to the speed of the Bitcoin network.
Network congestion calms down eventually. In most cases, this issue is resolved within a few hours, but with such number of unconfirmed transactions it could take a few days. As a result some users have been waiting for their transactions (both deposits & withdrawals) to confirm a lot longer. You could also note that some payments have been sent with delay – it’s also caused by the congested network. So if you see that your payment was saved, please, do not contact us immediately, we’ll send it as soon as we’re allowed by the network. We appreciate your patience while you are waiting for this situation to clear up.
If you have a long pending unconfirmed transaction, you can try using a special transaction accelerator released by mining pool ViaBTC which can be utilized to prioritize low fee transactions. Users simply submit a TXID that includes a minimum 0.0001BTC/KB fee to Viabtc’s accelerator. The transaction will then be prioritized by Viabtc, and the pool will mine these transactions on the next block. However, there is a maximum of 100 txs that can be submitted every hour, but the service is completely free.
We hope this situation in the Bitcoin network will resolve over this weekend. We want to remind you that our platform is working 24×7 & we trade altcoins even over the weekend so you can enjoy your earnings.
Best,
Altcoiner Team
