Bitcoin Forum

Other => Beginners & Help => Topic started by: Smt923 on March 24, 2013, 05:40:01 PM



Title: How long will it take for no-fee transaction to confirm?
Post by: Smt923 on March 24, 2013, 05:40:01 PM
So I accidentally paid someone with what I think is a payment with 0 fees at all and it's stuck on this:

https://i.imgur.com/ctq4FmX.png

The payment was around 0.15 and I'm fairly sure I managed to not pay any fees, so yeah, how long is it gonna take to confirm?

Edit: Forgot to say this was 2-3 hours ago, though it's jumped up too https://i.imgur.com/7OIfQtN.png now so maybe this thread was useless :c


Title: Re: How long will it take for no-fee transaction to confirm?
Post by: vnon on March 24, 2013, 05:58:40 PM
It depends...

Miners can/do prioritize transactions that have fees since that means more money for them if it is included in the block. Each block has a size limit (I don't remember what it is,1mb?) so if the number of transactions > block size limit, feeless transactions are the first to be left out of the block.

Just going off anecdotal experience, I would expect your free transaction to process in a few hours. It just depends on how busy the network is, and then after your transaction has been included, how quickly new blocks are found to confirm.


Title: Re: How long will it take for no-fee transaction to confirm?
Post by: Smt923 on March 24, 2013, 09:20:00 PM
Thanks everyone, I was just impatient.

https://i.imgur.com/0SvA0Ut.png