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Bitcoin => Bitcoin Technical Support => Topic started by: mrbashfo on January 02, 2017, 04:43:19 PM



Title: Tx not confirming
Post by: mrbashfo on January 02, 2017, 04:43:19 PM
https://blockchain.info/tx/0e04b27b570a7bc9279f0d3baafe4f6cbb611a5d0aed7109336e86c3742403fe

Anynoe got any idea why


Title: Re: Tx not confirming
Post by: jackg on January 02, 2017, 04:48:39 PM
https://blockchain.info/tx/0e04b27b570a7bc9279f0d3baafe4f6cbb611a5d0aed7109336e86c3742403fe

Anynoe got any idea why

It's going to be one of two things:
 • No block has been confirmed since
 • The fee set was too low.

It looks like you have a transaction fee of 10000 satoshi and a size of ~330 bytes so maybe that's the problem (though that does seem quite a high fee).

The was a block only 8 minutes ago so that might not be the problem (sadly, you'll just have to wait for it to confirm, there may just be more transactions with a higher fee than you curently).


Title: Re: Tx not confirming
Post by: mrbashfo on January 02, 2017, 04:49:46 PM
Thanks. There's been around 8-9 blocks since it was sent  :-* :'(


Title: Re: Tx not confirming
Post by: devans on January 02, 2017, 05:14:08 PM
The transaction is 374 bytes long and includes a fee of 10,000 satoshis, which is rather low at approximately 27 satoshis/byte. 21.co estimates that a transaction with that fee rate currently will take up to 88 blocks to confirm.


Title: Re: Tx not confirming
Post by: jackg on January 02, 2017, 08:17:36 PM
The transaction is 374 bytes long and includes a fee of 10,000 satoshis, which is rather low at approximately 27 satoshis/byte. 21.co estimates that a transaction with that fee rate currently will take up to 88 blocks to confirm.

I think the right amount to send at the moment for it to confirm is around 60000satoshi/KB in order for it to be confirmed faster.

Thanks. There's been around 8-9 blocks since it was sent  :-* :'(

Congratulations (I think)!
Your transaction has been confirmed now and was added 10 blocks ago (so others' transaction fees must've been higher than yours at that point).


Title: Re: Tx not confirming
Post by: devans on January 02, 2017, 08:24:43 PM
I think the right amount to send at the moment for it to confirm is around 60000satoshi/KB in order for it to be confirmed faster.

Ultimately it all depends on how fast you want the transaction to be confirmed. As of right now, you'd need approximately 90,000 satoshis/KB for the transaction to likely be included in the next block.

You can get a fee recommendation with the estimatefee RPC command or at a site like 21.co (https://bitcoinfees.21.co/).