I have seen a lot of delayed transaction threads and posts these days.Everyone is complaining of how their transaction got stuck and the usual increase fee advice follow.
I wonder if bitcoin miners have formed some kind of cartel or something and they are deliberately not confirming the transaction below their own determined fee?
May be all Chinese miners behind this.
No miners cartel sorry to tell you. Because each day the increasing transaction cause the network
to be clogged that led to the drastic rise in the miner fee associated with each transaction.
Here check out the hash rate and the difficulty:
https://bitcoinwisdom.com/bitcoin/difficultyOf course, bitcoin community members are not happy when they have to pay a lot more for
moving funds around. But I guess the short term solution right now it to as least increase
the fee so that it will be somewhat prioritize by the miners.