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Bitcoin mempool size chart, as seen on btclive.net

 

In the previous article i've written about the btclive.net website and how you can use it to set your fees for your bitcoin transactions.

In this article i'm showing you a new chart (mempool size chart for last 3 days). This chart is a very useful tool in order to decide how big your transaction fee will be, just looking at the mempool size trend.

As seen in this image, the mempool size trend is going down, therefore you can use a 1 sat/B or 5 sat/B fee. 

My advice is that you should always look for this kind of informations in order to avoid overpaying fees.

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