Bitcoin Forum

Bitcoin => Bitcoin Technical Support => Topic started by: felixbrucker on December 02, 2016, 01:55:16 PM



Title: Unconfirmed Transaction with (hopefully) adequate fee
Post by: felixbrucker on December 02, 2016, 01:55:16 PM
The Transaction in question is here: https://blockchain.info/tx/7be23a804e0d526458df216948512d879bafb138c2dd2294aed8e4dda8c4f41a?show_adv=true

no Unconfirmed Input is being used and the fee should be adequate.

Anything else wrong with this transaction?


Title: Re: Unconfirmed Transaction with (hopefully) adequate fee
Post by: achow101 on December 02, 2016, 01:59:41 PM
Your fee is too low. You paid a fee of ~44 satoshis per byte. According to http://bitcoinfees.21.co/ a fee high enough to get your transaction to confirm quickly is 110 satoshis per byte.


Title: Re: Unconfirmed Transaction with (hopefully) adequate fee
Post by: felixbrucker on December 02, 2016, 02:01:02 PM
Your fee is too low. You paid a fee of ~44 satoshis per byte. According to http://bitcoinfees.21.co/ a fee high enough to get your transaction to confirm quickly is 110 satoshis per byte.

thanks, i thought my fee was high enough :/


Title: Re: Unconfirmed Transaction with (hopefully) adequate fee
Post by: d5000 on December 02, 2016, 04:22:36 PM
In times of low transaction activity, your fee may be fine. However, the blockchain/mempool is pretty full these days.

If there are more than >15000 unconfirmed transactions in mempool (you can see it in most blockchain explorers like blockchain.info), it is better to use a substantially higher fee than the "normal" 0.0001-0.0002 BTC. I hope there is a sustainable solution to this congestion in the near future (Segwit?).