Bitcoin Confirmations: What Is It & How To Check It?

Mining Bitcoin

Bitcoin mining is analogous to the mining of gold, but its digital form. The process involves specialized computers solving algorithmic equations or hash functions. These problems help miners to confirm blocks of transactions held within the network. Bitcoin mining provides a reward for miners by paying out in Bitcoin in turn the miners confirm transactions on the blockchain. Miners introduce new Bitcoin into the network and also secure the system with transaction confirmation.
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SwC Poker: #1 Bitcoin Poker Site

SwC Poker is the largest Bitcoin online poker site in the world.
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AIAScoin

AIAScoin [AIAS] is the premier solution to revolutionise the cryptocurrency and payment processing industry. Our concept revolves around a fast, private, secure, Peer-to-Peer (P2P) blockchain, and an automated payment processing system that can be implemented to all websites that require it. Masternodes will be incorporated into our system to ensure the privacy and speed of transactions.
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"I see a lot of #Bitcoin maximalist saying that $ETH is dying from a clogged network. What? I thought that high fees, long confirmation times, and full blocks are a good thing???"

submitted by MemoryDealers to btc [link] [comments]

"I see a lot of #Bitcoin maximalist saying that $ETH is dying from a clogged network. What? I thought that high fees, long confirmation times, and full blocks are a good thing???"

submitted by unitedstatian to ethfinance [link] [comments]

"I see a lot of #Bitcoin maximalist saying that $ETH is dying from a clogged network. What? I thought that high fees, long confirmation times, and full blocks are a good thing???"

submitted by vegasbooty to Cryptoandme [link] [comments]

Flashback Friday: Jihan Wu, largest Bitcoin Mining CEO hints of a possible Bitcoin Cash Flippening. Says BCH could have a killer app for 0-confirmations, which "causes value to increase drastically and maybe flippen" @14min mark, Hopefully this is what Amaury Sechet is working on.

Flashback Friday: Jihan Wu, largest Bitcoin Mining CEO hints of a possible Bitcoin Cash Flippening. Says BCH could have a killer app for 0-confirmations, which submitted by cryptorebel to btc [link] [comments]

05-25 18:24 - 'I sent a transaction over 2 hours ago, still no confirmations. / what the hell is that' by /u/TenaciousEnergy removed from /r/Bitcoin within 87-97min

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I sent a transaction over 2 hours ago, still no confirmations.
what the hell is that
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Author: TenaciousEnergy
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What is the bitcoin trasnfer fee right now for a less than 12 hour transaction(12 hours for confirmation)?

What is the bitcoin trasnfer fee right now for a less than 12 hour transaction(12 hours for confirmation)?
submitted by omidelf to Bitcoin [link] [comments]

SEC Confirms Bitcoin is not a Security, But What if it Was? - The Daily Chain

SEC Confirms Bitcoin is not a Security, But What if it Was? - The Daily Chain submitted by TheSedatedSlothe to CryptoMarkets [link] [comments]

What a great day for #Bitball🚀 Listing is confirmed for #BTB on @TradeSatoshi #cryptocurrency #exchange in the following pairs⬇️ #Bitcoin #BTC #Ethereum #ETH #Dogecoin #doge #Tether #usdt

What a great day for #Bitball🚀
Listing is confirmed for #BTB on @TradeSatoshi #cryptocurrency #exchange in the following pairs⬇️

Bitcoin #BTC

Ethereum #ETH

Dogecoin #doge

Tether #usdt

Follow our social media for more updates.

Crypto #listing #tradesatoshi #token #coin

https://twitter.com/BitBall_Erc20/status/1188042433956696065?s=20
submitted by Bitball to u/Bitball [link] [comments]

What is the bitcoin trasnfer fee right now for a less than 12 hour transaction(12 hours for confirmation)?

What is the bitcoin trasnfer fee right now in the bitcoin network for a less than 12 hour transaction(12 hours for confirmation)?
submitted by omidelf to NiceHash [link] [comments]

SEC Confirms Bitcoin is not a Security, But What if it Was? - The Daily Chain

SEC Confirms Bitcoin is not a Security, But What if it Was? - The Daily Chain submitted by TheSedatedSlothe to Crypto_Currency_News [link] [comments]

Flashback Friday: Jihan Wu, largest Bitcoin Mining CEO hints of a possible Bitcoin Cash Flippening. Says BCH could have a killer app for 0-confirmations, which "causes value to increase drastically and maybe flippen" @14min mark, Hopefully this is what Amaury Sechet is working on.

Flashback Friday: Jihan Wu, largest Bitcoin Mining CEO hints of a possible Bitcoin Cash Flippening. Says BCH could have a killer app for 0-confirmations, which submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

SEC Confirms Bitcoin is not a Security, But What if it Was? - The Daily Chain

submitted by cryptoallbot to cryptoall [link] [comments]

What is the bitcoin trasnfer fee right now for a less than 12 hour transaction(12 hours for confirmation)? /r/Bitcoin

What is the bitcoin trasnfer fee right now for a less than 12 hour transaction(12 hours for confirmation)? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Is it known what is the longest time it took for a transaction to get at least 1 confirmation? /r/Bitcoin

Is it known what is the longest time it took for a transaction to get at least 1 confirmation? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

11-12 08:42 - 'I tell you. Everyone who got early into BTC is shocked what a shitcoin it has become. Do you remember Bitcoin in 2013? Very low fees and almost no risk for accepting 0-confirmation transactions. That’s what Bitcoin Cash repr...' by /u/idesirexmr removed from /r/Bitcoin within 28-38min

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I tell you. Everyone who got early into BTC is shocked what a shitcoin it has become. Do you remember Bitcoin in 2013? Very low fees and almost no risk for accepting 0-confirmation transactions. That’s what Bitcoin Cash represents today (that’s a fact!).
Besides of that every BTC Hodler got BCH, it was a totally fair fork ...
BY the way: this subreddit is c.ensored and people who speak out the truth get b.anned quickly
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Author: idesirexmr
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what is a good bitcoin wallet like blockchain? where you receive coin and can send instantly without wait of a confirmation?

I just tried electrum and did not like the fact I had to wait for 1 confirmation in order to send off my coin. Blockchain automatically lets you send bitcoin once it's sent to you without a single confirmation.
Is there a desktop app wallet, with 2FA, that allows me to send without waiting for that 1 confirmation?
Also, just throw out some good wallets besides electrum as well :)
THanks!
submitted by djvincepr0 to Bitcoin [link] [comments]

What happens if a hardfork occurs while a transaction is pending confirmation? /r/Bitcoin

What happens if a hardfork occurs while a transaction is pending confirmation? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

what is a good bitcoin wallet like blockchain? where you receive coin and can send instantly without wait of a confirmation? /r/Bitcoin

what is a good bitcoin wallet like blockchain? where you receive coin and can send instantly without wait of a confirmation? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

New Australian Laws Confirm: Bitcoin Not A Currency What does that mean? “Goods and Services Tax” (GST) applies to any transaction of Bitcoin. That means any Bitcoin-for-goods transaction within Australia will be taxed twice, on both the Bitcoin and the goods. This is catastrophic to Bitcoin growth!

New Australian Laws Confirm: Bitcoin Not A Currency What does that mean? “Goods and Services Tax” (GST) applies to any transaction of Bitcoin. That means any Bitcoin-for-goods transaction within Australia will be taxed twice, on both the Bitcoin and the goods. This is catastrophic to Bitcoin growth! submitted by bit_moon to Bitcoin [link] [comments]

What is the best way to get a transaction confirmed. /r/Bitcoin

What is the best way to get a transaction confirmed. /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

12-22 07:03 - 'Haha! What the. He straight up confirmed that there is a 50 Cent Party in Bitcoin. / It is safe to assume that there will always be astroturfing, but to actually say that the astroturfing team are working overtime...' by /u/964d72e72d053d501f29 removed from /r/Bitcoin within 24-34min

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Haha! What the. He straight up confirmed that there is a 50 Cent Party in Bitcoin.
It is safe to assume that there will always be astroturfing, but to actually say that the astroturfing team are working overtime to correct the narrative is hilarious.
'''
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Author: 964d72e72d053d501f29
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12-28 03:13 - 'Confirm Segwit is the "Lightning Network"Tab BWahahahaha you all been lied for all this years whahahaha what a Fools this Cult people lolololsss bitconnect is better than this coin... wtf? Bitcoin is worst than ponzzzz inj...' by /u/TheMoneyCrypto removed from /r/Bitcoin within 0-8min

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Confirm Segwit is the "Lightning Network"Tab BWahahahaha you all been lied for all this years whahahaha what a Fools this Cult people lolololsss bitconnect is better than this coin... wtf? Bitcoin is worst than ponzzzz injoy your bitcoin madafaka... you know what I buy Bitcoin when its 5000 and I cash out at 18000 I made a lots of lots of money baby...
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Author: TheMoneyCrypto
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What are Blockchain Confirmations? Understand Blockchain Technology Blockchain - How To Verify A Bitcoin Transaction And Get ... How transactions are verified in Bitcoin Blockchain ... confirm your bitcoin transaction in 1 minute (blockchain wallet) George Levy - What are Bitcoin Transaction Confirmations ...

One confirmation is enough for small Bitcoin payments less than $1,000. 3. Enough for payments $1,000 - $10,000. Most exchanges require 3 confirmations for deposits. 6. Enough for large payments between $10,000 - $1,000,000. Six is standard for most transactions to be considered secure. 60. Suggested for large payments greater than $1,000,000. Less is likely fine, but this is to be safe! How ... Bitcoin Confirmation Explained: A Complete Guide. Beginner’s Guide / 20.05.2020. Several things happen before an operation is included in the system when you transact on the Bitcoin network. Unconfirmed transactions first accumulate in a pool known as mempool. Then, miners choose a transaction at random (but most miners prefer those with high fees) and add it in a block of transactions. They ... Bitcoin transaction confirmation is needed to prevent double-spending of the same money. One of the main advantages of bitcoin is that it avoids the problem of double-spending, i.e. the risk that a digital currency token may be copied and spent more than once.In spite of having no central authority to verify that its tokens are not being duplicated, bitcoin successfully avoids double-spending ... Bitcoin Confirmation Check: How To Check Bitcoin Confirmations? Checking Bitcoin confirmations for your transaction is pretty easy. Just to go to one of the Bitcoin block explorers. For example, in this, go to Blockchain.info and put your transaction ID (TXID) in the explorer and hit search, as shown below: Bitcoin Confirmations and Blocks Summary. Bitcoin transactions are bundled into blocks. These blocks are inserted by Bitcoin miners into the Bitcoin ledger of transactions, known as the blockchain. If your transaction was inside a successfully mined block, you will see it receive 1 confirmation. Each block mined thereafter will award your ...

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What are Blockchain Confirmations? Understand Blockchain Technology

For more tips like these visit http://bodymindsuccess.com/bitcoin or subscribe to our channel Blockchain Confirmations are important to understand as they can help you know how confident you can be in any given blockchain transaction. When a transaction is broadcast to the blockchain, it ... How transactions are verified in Bitcoin Blockchain - Longest chain rule explained Watch our earlier Blockchain videos Blockchain Simplified: https://www.you... https://GeorgeLevy.com/Free presents: In this video I answer a question from one of the students of the Bitcoin Advanced Level Transactions Course and I expl... Bitcoin users are often met with a big problem. In some cases, It can appear as if your Bitcoin transaction is stuck and will not receive any network confirmation. This is a somewhat common ...

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