First, I understand that I’m asking a noobie question at a time of reduced mining where fees are unusually high. Yesterday I accepted Electrum’s prompted fee default of 36.56%, paying an $8.23 fee on a $22.52 test transaction (actually 0.146 mBTC mining fee on a 0.4 mBTC transfer). Regarding the recommended 36.56%, does size matter? In other words, does the size of a transaction change the recommended mining cost as a percentage? For example, at that day/time and those Electrum defaults, if the transfer was for 1 BTC, would it likely be a $20,000 fee recommended for reasonable processing speed?
(Aside: I’m having trouble reconciling a 5-digit fee cost of transferring a single bitcoin with a recent Coindesk story reporting “
Per multiple sources, the average fee is roughly $59.”)
https://www.coindesk.com/bitcoin-transaction-fees-more-expensive-than-ever