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1  Bitcoin / Electrum / Can't create a transaction that is acceptable (too large transaction!) on: December 29, 2020, 09:37:07 PM
Hi,

I'm using Electrum 4.0.9 and I have an unexpected problem.

I'm using a wallet that has received thousands of very small amounts of bitcoins (due to mining).

Now I have created another native segwit wallet in order to have bech32 support. I managed to transfer small amounts of bitcoin (two times 0.5).

But now it is difficult to transfer more than just a very small amount because of the number of inputs increases.

Scenario A (transaction size = 519 Bytes):

If I try to transfer 0,01 BTC and I choose a static transaction fee of 2 satoshi/byte then I have to pay a transaction fee of only 0.3 USD, The transaction consists only of 3 inputs.

Scenario B (transaction size = 156957 Bytes):

If I try to transfer 0,04 BTC and I choose a static transaction fee of 2 satoshi/byte then I have to pay a transaction fee of 86 USD, The transaction consists of 1060 inputs and a huge amount is stored on a change address.

If I try to confirm that. I receive an error!

Errormessage:



Transaction details of Scenario A:



Transaction details of Scenario B:

2  Economy / Services / Participation in (BTC + ?) MiningFarm as a project on: September 04, 2017, 09:18:40 AM
I want to know your oppinion for an idea of a mining farm where everyone can participate. Not as a customer like e.g. Genesis mining or hashnest. But as an Investor.

1. A coin/token is generated for the Investors
2. A Company is founded in a state where the regulations for protecting Investors are strict. The Company has stated in his constitution and statutes that the earnings are distributed to token holders
3. Investors investing and getting these Tokens in return. The Major part of the Tokens are sold to the Investors. The Company founders get only some Tokens for their work.
4. The Company is buying miners and locate them to some housing Partners who already were choosen.
5. 3 months after the Investment, the Company starts distributing the complete earnings (maybe later 10-20% are held back for new miner Hardware in order to Keep up with the time) to the tokenholders
6. Step 5 is now regularly (monthly Basis)

If the Project has some Partners that colocate the miners and maybe a Location where they later could build an own dataprocessing Center, this should lead to a constant income.

The mining farm should not only mine BTC (and maybe BCH). So, different miner types are used.

Do you think that this could be a good idea?
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