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Bitcoin => Bitcoin Technical Support => Topic started by: WildBill51 on July 21, 2020, 10:04:37 PM



Title: BTC Confirmation Time Nano S
Post by: WildBill51 on July 21, 2020, 10:04:37 PM
BTC not getting confirmed in last 5 yrs from Nano S, WTH is going on?
Is network congested?  Fee was only $1.93.
Any help understanding of this would be great, Nano S still says unconfirmed.
Thx!


Title: Re: BTC Confirmation Time Nano S
Post by: jackg on July 21, 2020, 10:08:57 PM
What have you been doing to get this transaction up? Do you have a txid, transactions normally expire within 2 weeks so you might be lucky if it hasn't and it's legit.


Title: Re: BTC Confirmation Time Nano S
Post by: mikeywith on July 22, 2020, 01:54:48 AM
BTC not getting confirmed in last 5 yrs from Nano S, WTH is going on?
Is network congested?  Fee was only $1.93.

I guess you mean 5 hours and not 5 years right?  ::), anyway the network is really congested at the moment, mempool (https://www.blockchain.com/charts/mempool-size) is at 62m bytes and there are currently more than 16,000  (https://bitcoinfees.earn.com/)transactions with 145+ sats/byte fees, and just about the same number or more between 100 and 145 sats, so you got to wait.
 


Title: Re: BTC Confirmation Time Nano S
Post by: o_e_l_e_o on July 22, 2020, 09:14:19 AM
Firstly, the wallet you made the transaction from, in this case a Nano S, is more-or-less irrelevant. All that matters is what fee you picked.

Secondly, talking about the fee in total dollars spent is meaningless, as the fee is paid in BTC (not USD) and the fee rate is dependent on the size of the transaction. You should talk about the fee in terms of sats per vbyte.

If your transaction was a 1-input-2-output transaction with a size in the region of 250 bytes, and if $1.93 worked out to around 20,000 sats when you paid it, then your fee rate would be around 80 sats/vbyte. The mempool is just approaching this level now, so your transaction would be close to confirming if this is the case.

If you want to share either the fee in sats/vbyte or the transaction hash then we can take a closer look.


Title: Re: BTC Confirmation Time Nano S
Post by: TheArchaeologist on July 22, 2020, 09:45:08 AM
5 hrs (not yrs!) should  not be considered as  a cause for concern. Address this site  (https://blockchair.com/bitcoin?nojs=1)to watch live where your transaction is  in the queue of the memory pool.
Just a small correction, there is no such thing as "the memory pool" since this can and will differ between full nodes. So the sight you are referring to is the mempool from blockchair's point of view.


Title: Re: BTC Confirmation Time Nano S
Post by: suzanne5223 on July 22, 2020, 09:39:31 PM
Use RBF to push it forward if you are really in hurry.
How can be sure that the OP can use RBF to super fast the transaction when none of us know if RBF enabled since the OP havent provide the transaction ID?