HAMSON BITCOIN / NETWORK / LIVE FEES

NETWORKFEES

See the current Bitcoin network fee rates, understand what sat/vB means and estimate the network cost of an example transaction in satoshis and pounds.

VIEW LIVE FEESWHAT IS SAT/VB?

LIVE NETWORK / 01

WHAT DOES IT COST TO SEND BITCOIN?

Bitcoin transaction fees change with network demand. Hamson Bitcoin combines current recommended fee rates, mempool activity and the Hamson Bitcoin BTC/GBP market reference to provide an approximate sterling value.
HAMSON BITCOIN / BTC-FEES / UK-02BITCOIN NETWORK FEES
CONNECTING
MEMPOOL TRANSACTIONS—
MEMPOOL VIRTUAL SIZE—
NETWORK UPDATED—
GBP REFERENCEUNAVAILABLE
ESTIMATE / TRANSACTION

FEE RATE × TRANSACTION SIZE

sat/vB is a fee rate, not the total fee. The total depends on the transaction's virtual size.

SELECTED RATE—MEDIUM
ESTIMATED NETWORK FEE—
APPROXIMATE GBP—
PLATFORM HAMSON BITCOINPRICE UNAVAILABLEPRICE UPDATED —REFRESH 60 SEC

UNDERSTAND / 02

SAT/VB IS A RATE — NOT THE TOTAL FEE

Bitcoin wallets normally choose a fee rate based on transaction size and network conditions. A larger transaction can cost more even when it uses exactly the same sat/vB fee rate.
SAT

SATOSHIS

The final network fee is paid in satoshis, the smaller units of Bitcoin.

vB

VIRTUAL BYTES

vB measures the effective size of a Bitcoin transaction for fee calculation and block-space use.

SAT/VB

THE FEE RATE

Multiply the fee rate by the transaction's virtual size to estimate the total network fee.

IMPORTANT / 03

AN ESTIMATE IS NOT A CONFIRMATION PROMISE

Recommended fee rates are estimates based on current network conditions. They can change quickly and cannot guarantee that a transaction will be confirmed within a particular time.
LIVE

NETWORK CONDITIONS MOVE

New transactions arrive and blocks are mined continuously, so the mempool can become busier or quieter.

WALLET

ACTUAL SIZE VARIES

Real transaction size depends on its inputs, outputs and transaction structure. The calculator uses the size entered by the user.

EXECUTION

NO TRANSACTION IS SENT

This tool estimates fees only. It does not create, sign, broadcast or accelerate Bitcoin transactions.

NEXT / 04

CONNECT THE SYSTEM

Fees connect directly to wallets, transactions and mining. Continue with the part of Bitcoin you want to understand next.
WALLETS

SEND & RECEIVE

See where network fees appear when Bitcoin is sent from one wallet to another.

OPEN WALLETS & USE →
MINING

BLOCK SPACE

Understand why miners select transactions and how fees relate to Bitcoin block space.

OPEN MINING →
GBP

BITCOIN IN POUNDS

Explore the live BTC/GBP market reference used for the sterling fee estimate.

OPEN BTC / GBP →
HAMSON SOFTWARE / NETWORK DATA

Fee rates and mempool statistics are current network estimates presented through Hamson Bitcoin. Sterling values use the Hamson Bitcoin BTC/GBP market reference. Values are approximate and this page does not create or execute Bitcoin transactions.