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Title: Where can I find what a tx id costs per byte? Post by: philipma1957 on February 23, 2017, 05:14:13 PM Okay I did 5 transactions. I know that its been slow my hot wallet is paying 100 sat/B here is one of the five transactions. No double spends simply too low of a fee. So what is correct fee now 150 sat/B? https://blockchain.info/tx/b37e0dd21e265320320b5ff3ad77fe4ec39cdff50c9c58b892c18d8f7205f4ab (Fee: 0.00613201 BTC - 99.71 sat/B - Size: 6150 bytes) 2017-02-23 14:38:36 I can go higher if I want to. but is there a link that says sat/B needed to go fast. I am not aware of one other then ones built into wallets which sometimes are not very accurate. Title: Re: Where can I find what a tx id costs per byte? Post by: brituspol on February 23, 2017, 05:15:50 PM This is what I use for the recommended tx fee estimation: https://bitcoinfees.21.co/ . Right now it appears to be 200 sats/B
Title: Re: Where can I find what a tx id costs per byte? Post by: philipma1957 on February 23, 2017, 05:49:03 PM Thanks I book marked it. all my transactions are at 100 sats
100 sats take 1 to 20 hours or 6 to 120 blocks 125 sats is pretty fast 10 to 60 minutes or 1 to 6 blocks Title: Re: Where can I find what a tx id costs per byte? Post by: dserrano5 on February 23, 2017, 07:30:58 PM You don't need to rely on 3rd parties :)
Code: $ bitcoin-cli help estimatefee Code: $ bitcoin-cli estimatefee 3 Title: Re: Where can I find what a tx id costs per byte? Post by: jackg on February 23, 2017, 07:44:34 PM Thanks I book marked it. all my transactions are at 100 sats 100 sats take 1 to 20 hours or 6 to 120 blocks 125 sats is pretty fast 10 to 60 minutes or 1 to 6 blocks You only really need it at about 70% of the fee estimator as the fee esimator is an estimation for the fee you need to get it into the next block. If you set it at 200satoshi per kilobyte then it is highly likely to get within the first three blocks released from that point. |