Bitcoin Forum

Bitcoin => Electrum => Topic started by: guimanhi on October 16, 2017, 02:41:41 AM



Title: difference between balance and maximum amount of bitcoins to send
Post by: guimanhi on October 16, 2017, 02:41:41 AM

Hello everyone, my problem is that the electrum wallet I have installed on my pc is showing me a balance different from the maximum amount of btc to send. I understand that there is a discount on the balance at the time of sending btc by the network commission but still the difference is very big. Please, is there someone to help me identify what might be going on?

In the following link you will find an image of my electrum wallet
https://drive.google.com/file/d/0B7O-uAkkF5FfZUltVGRVVy1xUW8/view?usp=sharing


Title: Re: difference between balance and maximum amount of bitcoins to send
Post by: HCP on October 16, 2017, 05:16:18 AM
A couple of things to check...

Firstly, is your total balance made up of a LARGE number of UTXO's? If you click "View -> Show Coins", and the select the "Coins" tab... do you see 10+ items listed? If so, the reason your full balance is not spendable is probably due to an increased transaction size from all the UTXO's being used pushing up the fees (as they are calculated on a "per kilobyte" in Electrum. If you have a large number of UTXOs showing on your Coins tab, you have likely received a LOT of "dust" sized transactions (cloud mining? faucet collecting?). More inputs = more bytes = more fees.

If you want to get closer to the total balance, you would need to disable dynamic fees and/or enable "edit fees manually" in the settings (Tools -> Preferences -> Fees). NOTE: Doing this may result in setting fees that are too low for current network conditions which may result in longer confirmation times, BE CAREFUL!:
https://talkimg.com/images/2023/11/15/zWsAP.png



Also, check that whether you have "spend only confirmed coins" ticked (Tools -> Preferences -> Transactions):
https://talkimg.com/images/2023/11/15/zW3Eq.png



Title: Re: difference between balance and maximum amount of bitcoins to send
Post by: guimanhi on October 17, 2017, 12:09:50 AM
Yes! ;D
I did what you told me to do and it worked! I have a miner and the deposits correspond to what he generates daily. Now I understand it's very little. I'll see if I can set up the pool to make deposits above 0.01 btc and avoid dust transactions. Thank you very much for your advice. :D