Why is the mining fee so high?

Why is the mining fee so high?

I recently bought $15 CAD worth of bitcoin from an bitcoin ATM nearby, only to receive $5.87 CAD worth of bitcoin(0.00047179BTC).

I am assuming this is because of the miners fee.

Why is it getting so high? Will it eventually drop? In total I payed a over 50% in miners fees.

http://ift.tt/2iYQ1LO

Comments

Popular posts from this blog

How to discover startup flags or command-line options for bitcoind?

Is there any python library could be used to decodescript in output

Lightning network (lnd): What's the best way to report lnd server issues/ask for help with channels that won't close?