Daily Crypto News Bitcoin & Ethereum network log
Daily entry8 reading(s)

Network log for Friday, 16 October 2026

On Friday, 16 October 2026 the log recorded 8 readings. The next-block fee rate ranged from 1 to 3 sat/vB; at the last reading a typical SegWit payment cost about $0.35 for the next block, and the mempool backlog ranged from 38.4 to 40.4 blocks.

Compared with the last reading on 2026-10-15, the next-block rate fell (5 → 3 sat/vB) and the backlog went from 41.7 to 39.5 blocks. 56 blocks were mined between the first and last reading.

Sea state at the last reading: Storm. Definitions are on the methodology page; today’s live entry is on the front page.

ReadingsUTC

All readings recorded this day

Fee rates in sat/vB; backlog in 1,000,000-vB blocks; prices are Binance USDT spot as a USD proxy
TimeBlockNext1 hEcon.BacklogDiff. est.BTCETH base
971,720 2 1 1 39.9 +2.15% $82,376 0.191 gwei
971,734 1 1 1 39.7 +2.72% $81,649 0.124 gwei
971,742 1 1 1 39.0 +3.02% $80,900 0.267 gwei
971,752 1 1 1 38.4 +3.15% $81,423 0.114 gwei
971,758 2 1 1 39.4 +2.89% $81,400 0.105 gwei
971,764 1 1 1 39.0 +3.03% $81,690 0.070 gwei
971,767 3 1 1 40.4 +1.90% $81,697 0.093 gwei
971,776 3 1 1 39.5 +1.77% $81,793 0.058 gwei