THELOGICALINDIAN - Bitcoin amount BTC prices accept been ascent acutely over the aftermost few weeks and bodies accept additionally noticed BTC transaction fees accept acicular as able-bodied Now theres a new gaming armpit alleged Guess Bitcoinfees acceptance bodies to bet on the 24hour boilerplate transaction fee for the abutting day and the armpit pays out jackpots in bitcoin cash
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You Can Now Bet on Guessing BTC’s 24-Hour Average Transaction Fee and Win Bitcoin Cash
At the time of writing, the fee you accept to pay to get your transaction mined into the abutting block is $2.45 per transaction admeasurement of 226 bytes. Meanwhile, agenda asset supporters accept been absorption on the amount of BTC, but abounding users accept noticed the ascent fees and mempool backlog. Furthermore, according to a alive afterlight list, there are 6,519 bottomless affairs (txn) cat-and-mouse in the queue.
Over the aftermost two weeks, there’s been an boilerplate of 20-35,000 unconfirms in the mempool during weekdays. Because the activating BTC fees are consistently different, a new gaming armpit alleged Guessbitcoinfees.com has launched acceptance individuals to accomplish a action on the abutting boilerplate bitcoin amount fee for the day. In adjustment to comedy the game, you charge a Memo.cash annual and at atomic 10,000 satoshis (BCH) to guess.
You basically address your anticipation in the bulletin breadth in USD and for every 10,000 satoshis, your jackpot will be 10% of the absolute jackpot. The added satoshis sent, the bigger the jackpot allotment will be, explains the website’s documentation. Players can action assorted times during the day but alone the final bet will be accepted. “The champ is the one whose assumption is the atomic altered from the absolute fees — If several players accept the aforementioned aberration to the absolute fees, the amateur who estimated aboriginal wins,” Assumption bitcoinfees website explains.
Jackpots of Satoshis and Guess Tokens
There accept been jackpots back June 13 and the website showcases anniversary day’s winner. For instance, on June 22, a user called ‘lugaxker’ won a payout of about 9157838 satoshis. The person’s assumption was an boilerplate BTC transaction fee of $4.00 and the absolute boilerplate fee that day was $3.9984. The sites affidavit capacity that the 24-hour boilerplate transaction fees for the BTC alternation are acquired every 60 abnormal from Blockchair.com. Assumption bitcoinfees arena rules on the armpit state: “If Blockchair.com does not accommodate any abstracts at 20:30 CEST, the aftermost stored fee will be acclimated to actuate the champ — The won satoshis will be beatific to the aforementioned abode from which the champ beatific his guess.”
Guess bitcoinfees says 80% of the day’s pot goes to the champ and the blow goes against the abutting day’s jackpot, which continues to accumulate over time. In accession to the circadian game, Guess bitcoinfees additionally gives 1 ‘guess’ token for every satoshi bet. Guess badge is a Simple Ledger Protocol (SLP) badge congenital on the BCH network. The bold allows bodies to pale a bet, but it is additionally is an absorbing admonition of BTC’s abhorrent transaction fees.
A acceptable admonition of this is the accepted arrangement fee ($0.0024) to get mined into the abutting BCH block. This agency the fastest transaction fee for the BCH alternation still pays far beneath than a penny to get a average transaction admeasurement of 226 bytes confirmed. It’s acrid that afresh an SLP-based bread was created to be backed by BTC but acquiesce addition to move the bread at almost $0.0012-$0.0024 per transaction. Alongside this, we now accept a action bold based on academic the transaction fees BTC users accord with every day.
What do you anticipate about the Guess bitcoinfees game? Let us apperceive what you anticipate about this accountable in the comments area below.
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Image credits: Shutterstock, Twitter, Bitcoinfees.cash, Guessbitcoinfees.com, and Pixabay.
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