What does sat/vB mean?
Bitcoin fees are commonly measured in satoshis per virtual byte, or sat/vB. Bigger transactions need more block space, so the fee rate matters more than the total fee alone.
Understand Bitcoin fee rates, sat/vB, mempool demand, and why transaction fees change when block space gets crowded.
Bitcoin fees are commonly measured in satoshis per virtual byte, or sat/vB. Bigger transactions need more block space, so the fee rate matters more than the total fee alone.
Miners usually prefer transactions that pay more per unit of block space. When demand is high, higher sat/vB transactions usually move faster.
BTCNodes shows fee pressure and candidate block data so users can see whether the network looks quiet, busy, or painfully expensive. Truly, civilization peaked at bidding for bytes.