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Title: Payment confirming too fast Post by: deepceleron on April 12, 2013, 10:35:12 PM I just sent .0004 BTC with a .0001 fee to myself, and it has two confirmations within three minutes of hitting send. WTF is going on here?
8e3117b84468efdb06a76d9cf0d42f39de0bdf4317c2b378510caadf6345ec7a (https://blockchain.info/tx/8e3117b84468efdb06a76d9cf0d42f39de0bdf4317c2b378510caadf6345ec7a) Just a counterpoint to the "blah blah blockchain.info didn't pay fee why no confirm" threads. Use your own Bitcoin-qt and include a bare minimum fee and you'll probably not wait much. (same transaction 2 weeks ago, 15 blocks before inclusion though...) Title: Re: Payment confirming too fast Post by: deepceleron on April 13, 2013, 03:11:24 AM The block after your transaction was mined within the same minute. Sometimes miners get lucky and multiple blocks get mined in close proximity. Thanks for the clarification. :P Maybe you find interesting - the chances of that second block being found in 23 seconds or less is about 4%, higher than intuition may lead you to believe: 0:06.31 1.04620% 0:13.28 2.18970% 0:20.99 3.43810% 0:29.51 4.79926% 0:38.92 6.28127% 0:49.32 7.89232% 1:00.82 9.64061% 1:13.53 11.53420% 1:27.57 13.58080% 1:43.09 15.78761% 2:00.25 18.16103% 2:19.20 20.70631% 2:40.15 23.42731% 3:03.31 26.32598% 3:28.90 29.40204% 3:57.18 32.65242% 4:28.43 36.07085% 5:02.98 39.64731% 5:41.15 43.36763% 6:23.34 47.21302% 7:09.97 51.15983% What is less likely is a transaction with only 0.0001 fee being included in the next block - based on blockspace competition with other fee-paying transactions, that could have taken a long time. Miners like me today. |