Mempool Browser Launches Bitcoin Transaction Acceleration Service

On July 29, Mempool, a Bitcoin blockchain browser, launched an out-of-band service designed to help users speed up unconfirmed transactions by paying additional miner and service fees, according to The Block.The service, called Mempool Accelerator, will reportedly “confirm stuck transactions by paying out-of-band fees. Users will be able to find transactions on mempool.space, select the acceleration option from the transaction page, and then pay in Bitcoin via the Lightning Network or in fiat currency via the Cash App, Apple Pay, or Google Pay, with no signup required.

The service is said to currently have five mining pool partners; Foundry USA Pool, MARA Pool, SBICrypto, SpiderPool, and Ocean Pool, which account for about 40 percent of Bitcoin's global hash rate.