Bitcoin Accelerator

• Blockchain Council
• August 24, 2024

A Bitcoin accelerator speeds up the confirmation of Bitcoin transactions. Your transaction is broadcast to the network as soon as you send a BTC. The transaction is then placed in a queue known as the mempool. From this queue, miners select transactions that get the chance to be included in the next block of the Blockchain. 

The network gets congested when many users try to confirm transactions at once. If your transaction includes a lower fee, it might get stuck in the queue for a long time. 

Bitcoin accelerators push your transaction to the front of the queue. This way, they increase the chances of your transaction to be verified faster. While not all accelerators guarantee success, they often significantly reduce waiting times. They do it especially during periods of network congestion.

But what’s the best Bitcoin Accelerator? 

The top Bitcoin Accelerators of 2024 are:

• ViaBTC
• BTC.com
• BitAccelerate
• ConfirmTX
• BTC Nitro
• 360 BTC Accelerator
• BTC TX Accelerator
• Bitcoin Afterburner App

What is a Bitcoin Transaction Accelerator?

Imagine you are sending a package through the mail. During busy seasons, it might take longer to arrive due to the volume of packages being processed. Similarly, Bitcoin transactions can sometimes experience delays. A Bitcoin transaction accelerator is like paying for expedited shipping. It’s a service that helps speed up the confirmation of your Bitcoin transactions.

Types of Bitcoin Accelerator

Free Accelerators	Paid Accelerators
No fees	Charges a fee
No guarantees	Faster confirmation guaranteed
Rebroadcasts transaction across nodes	Direct agreements with mining pools
Popular but can be slow/unreliable during peak times	Suitable for high-priority transactions

How Do Bitcoin Accelerators Work?

To understand how accelerators work, you first need to know that Bitcoin miners prioritize transactions with higher fees, as they are incentivized to maximize their earnings. A Bitcoin accelerator takes advantage of this by broadcasting your transaction to a network of miners. This means, more likely that your transaction will be included in the next block.

Here’s how a Bitcoin Accelerator works:

1. You provide the transaction ID (TXID) of your pending transaction to the accelerator service.
2. The accelerator then sends this TXID to miners. It urges them to prioritize your transaction.
3. Miners who receive this broadcast may prioritize your transaction based on factors like fee size and current network congestion.
4. Once miners include your transaction in a block, it’s confirmed and added to the Blockchain.
5. The service usually notifies you once the transaction is confirmed​.

Best Bitcoin Accelerator

1. ViaBTC

ViaBTC is one of the most well-known Bitcoin mining pools that offers both free and paid acceleration services. Though the free service is limited to 100 transactions per hour. However, the paid service allows up to 1,000 accelerations per hour at a rate of 0.0001 BTC per kilobyte (KB). This platform is user-friendly, requiring only the transaction ID (TXID) for submission, and no sign-up is necessary.

Cost: Free for standard transactions; 0.0001 BTC/KB for priority service.

2. BTC.com

BTC.com offers a reliable paid service backed by its own mining pool. The platform guarantees a 75% chance of confirmation within one hour and a 98% chance within four hours. The fees are totally transparent. Also, they depend on the network’s congestion at the time of acceleration. You can use this Bitcoin accelerator if you are in a hurry.

Cost: Varies based on network congestion.

3. BitAccelerate

BitAccelerate is a free and straightforward accelerator that rebroadcasts your transaction to 10 nodes within the network. If you need a quick and easy solution without any sign-up requirements, then this one’s for you. This is because it allows for repeated submission every six hours until the transaction is confirmed.

Cost: Free.

4. ConfirmTX

ConfirmTX promises to confirm transactions within 12 hours or less.The service is free for transactions that are under 250 bytes. However, for larger transactions, there’s a flat fee of $5. This service is known for its reliability, though it doesn’t offer refunds if the transaction fails to confirm within the promised time. Instead, you receive a credit for future use.

Cost: Free for transactions under 250 bytes; $5 for larger transactions.

5. BTC Nitro

BTC Nitro offers both free and paid services. The premium service, costing around 0.0005 BTC, ensures that your transaction is prioritized for inclusion in the next block. This platform has partnerships with multiple mining pools, enhancing the chances of quick confirmation. A refund is provided if the transaction doesn’t get confirmed within the guaranteed time.

Cost: 0.0005 BTC per transaction for premium service.

6. 360 BTC Accelerator

This free service works by rebroadcasting your transaction to a wide range of miners. It increases your chance to get a faster confirmation. While it doesn’t guarantee instant results, it’s a good option if you’re looking for a no-cost solution.

Cost: Free.

7. BTC TX Accelerator

BTC TX Accelerator is another free option that caters to transactions stuck due to low fees or network congestion. It’s a no-frills service that simply rebroadcasts your transaction through multiple nodes to expedite confirmation. This accelerator is known for being user-friendly and accessible.

Cost: Free.

8. Bitcoin Afterburner App

Bitcoin Afterburner is a mobile app that accelerates transactions using a method called “Child Pays for Parent” (CPFP). It’s an effective way to push unconfirmed transactions through the network by essentially paying for a secondary transaction that incentivizes miners to confirm the original one.

Cost:  Free to download, charges $5.99 for each acceleration, plus minor fees for the CPFP service.

Conclusion

Bitcoin accelerators are valuable tools when you need your transactions to go through more quickly. Especially during periods of high network activity. When choosing an accelerator, consider factors like cost, the urgency of your transaction, and the service’s reputation. Remember that while these services can speed up the process, they do not always guarantee immediate confirmation. The effectiveness of an accelerator often depends on current network conditions and the fee associated with your transaction.

And to make the most of your BTC investment, enroll into market-favorite certifications like the Certified Cryptocurrency Trader™ (CCT) and Certified Bitcoin Expert™.