Bitcoin Transaction Accelerator
BTC Nitro is a fast and free bitcoin transaction accelerator which allows you to accelerate BTC transactions by reducing the time taken waiting for TX confirmations. Simply enter your TX ID and press “Accelerate” to rebroadcast your transaction through up to 11 global Bitcoin nodes.
By rebroadcasting your btc transaction through up to 15 Blockchain nodes, we can greatly reduce the time where they can get ‘stuck’ in the queue (known as the mempool) during busy periods or where you used a low mining fee.
In the same way that Bitcoin transactions themselves are (in general) private, we also value privacy and don’t ask for registration or personal details from you.
Actually, this site is donation supported, so technically someone is paying for it. That’s why we ask that you don’t use an ad-blocker, otherwise we won’t be able to offer our bitcoin transaction accelerator service.
Accelerate your BTC transaction in a few clicks.
Free of charge.
How Does it Work?
Every time you make a Bitcoin transaction i.e send or receive BTC from or to a wallet, your transaction is ‘broadcast’ on the blockchain. This tells miners that your transaction is ready and waiting for processing and; once processed, it is then marked as ‘confirmed’. It is usually these confirmations that you are waiting for when you spend your BTC because they act as proof that your Bitcoin was actually sent and received.
Unfortunately, this process can take longer than is ideal and you end up waiting longer than you’d like for transactions to confirm. This is especially true when the blockchain is busy when, in some cases, you can end up waiting days for confirmations! However, what BTC Nitro does, it rebroadcast your transaction across a number of global Bitcoin ‘nodes’ which reduces the time you wait for miners to become aware of your transaction and start processing it. This is how our BTC accelerator works.
How Long Will I Wait for Confirmations?
Like so many technical things, the answer is ‘it depends’. There are a few variables to consider such as how busy the blockchain network is and how high (or low) the fees you used were when you sent your Bitcoin. The important thing to know is, that in 97% of cases, you will wait less time if you accelerate your transaction here than if you don’t! In some cases, transactions that have been waiting hours for a confirmation, get their first confirmation within 3-4 minutes after using this service. In fact, many people just send their Bitcoin with a low fee, then immediately give it a boost with BTC Nitro to save money.
Some of our partners...
How Often Can I use the Service?
Right now, we limit the frequency to once every six hours (per individual transaction). Our nearest competitor a) only has 4 nodes working but claims to have more (we have 10+ at all times) and b) limits you to once every 8 hours.
What Details do you Collect?
The only thing the system need is your transaction ID. This information is anonymous and freely available anyway. We don’t keep any other records…because we don’t need to.
What Makes BTC Nitro Different?
While there are other services that claim to do the same thing, many of them don’t actually work. If you use Google Chrome and inspect the network console, you’ll see that many of the nodes they use are actually down, the API is broken or not configured properly. Transactions accelerated by BTC Nitro are checked each time and if any node fails to respond, we’ll use one of our own 5 private nodes that we know is online for sure. That way, every transaction will be rebroadcast from 10 globally dispersed, full blockchain nodes.
Could I just Do This Myself?
Sure you could! Many of the nodes we rebroadcast on have public webpages where you can enter the transaction ID yourself. BTC Nitro simply connects to 10 of these nodes (or our own) and does it for you, in one click, for free.
Fallout from Elon’s Bitcoin Drop
Just when many had thought that Elon Musk had become the new ambassador of Bitcoin, his EV company drops Bitcoin as a payment option. But why?
Simply put, Tesla is all about reduce reduce the eco-impact of it’s products and the energy-heavy mining of Bitcoin is at odds with that vision. BTC is widely being reported as an energy hog with a big environmental impact – one that threatens the currencies long term prospects.
The fallout was a rapid decline to the $46k price-point for BTC, despite a couple of breakout attempts in the days following Elon’s announcement. Unsurprisingly, Dogecoin (DOGE) was the winner this week as we watched it climb 22 points shortly after Elon announced that he was collaborating with network to improve the efficiency of the asset’s transaction network.
‘’Working with Doge devs to improve system transaction efficiency’’
Doge, which started as ‘jokecoin’ featuring a Japanese Shibu Ino dog as its mascot, has recently seen higher highs thanks to support offered by Elon Musk and mega-exchange Coinbase; promising to list the currency within the next two moths.
IRS Set to Investigate Binance
Rumours this week indicate that Binance, the second largest crypto exchange, has fallen in the crosshairs for joint investigation by both the Inland Revenue Service and Department of Justice in the US. Allegations that their exchange is nurturing illegal trading by its users in the United States.
“We take our legal obligations very seriously and engage with regulators and law enforcement in a collaborative fashion,” said Binance spokeswoman Jessica Jung.
Although an official public announcement confirming the investigation has yet to be made, the rumour started from a credible source and the ripple effect was quickly felt. Bitcoin dropped 3.8% while Ethereum witnessed a 5% drop once the story made front page on several leading news outlets.
The revelation follows hot on the heels of a recent story that the Commodity Futures Trading Commission was also investigating Binance back in March.
Digital Yuan Ramps up
Following a successful pilot by the HKMA (Hong Kong Monetary Authority), expansion talks are in progress between Hong Kong and China. The next phase of the Digital Yuan (e-CNY), is set to scale out to incorporate cross-border payments.
“We have tested the use of the related app, system connectivity and certain use cases such as cross-boundary purchases,” said a spokesperson for the HKMA.
The PBOC (People’s Bank of China) is has a significant lead over many central banks as it races towards creating its own digital currency. The primary aim of the Digital Yuan is to replace cash and coins whilst maintaining control of the local digital currency market which has becoming increasingly driven by large corporate firms.
Unlike most crypto-currencies, the Digital Yuan is a centralised entity and thus has received some negative press from many crypto enthusiasts and market analysts.