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1  Bitcoin / Bitcoin Technical Support / What should the txn fee for a 1550 byte transaction be? on: March 01, 2016, 06:05:38 PM
EDITED - Changed link to the correct transaction (like I said, I was tired).

I'm in the middle of a dispute with a bitcoin supplier who have sent me a txn with what I believe to be a too low fee. I wanted to ask the community for their thoughts.

In short, this 1550 byte txn was sent with a 0.0002 BTC fee:
https://blockchain.info/tx/5b842d282c2086add3dc3eaa9f5d0f8d05a8056c16703b54607a3a635e43960e
it's been pending for 32 hours now when other txns with what I believe to be correct fees are being included in a couple of blocks.

Accoding to bitcoind's estimatefee, for a:
1 block confirm the fee is 0.00048871 BTC per kb
6 block confirm the fee is 0.00024609 BTC per kb

So, I suspect for a 1550 byte txn, the fee should be between 0.00038143 BTC and 0.00075750 BTC - so from 2x to 4x the actual fee used.

However, the exchange feels differently - here is there response in what is now a long email exchange:
 "As a bitcoin developer, you'll know that the minimal bitcoin fee is calculated based on transaction size, not cardinal number of inputs or outputs. Looking at the specs, you'll see that for a 1.55KB transaction, 1mBTC would be perfectly acceptable, and yet, we pay 2mBTC. That's why you'll notice that the blockchain.info page is showing this a "high priority"."

He says 2mBTC, but surely he means 0.2 mBTC?

Are my calculations wrong here? Sorry for the possibly dumb questions - I've not had much sleep the past 24 hours....
2  Economy / Service Announcements / [ANN] Solidi P2P - GBP Digital Currency Exchange - Beta on: November 20, 2015, 04:27:11 PM


Solidi is a new P2P Digital Currency exchange.

We match buyers and sellers of Digital Currency, enabling you to buy or sell your Bitcoins quickly and with ease. Payments are completed using the UK Faster Payments System. Other payment methods will be online shortly.

We're now ready to open our Beta test up to more participants. This program is the fully running system. We're simply limiting the numbers while we test things out.

So what makes us different?

Speed & Price

With a fully automated system for both buying and selling we're fast. Most trades complete in under a minute from sending your payment to releasing the bitcoins from escrow. And as the whole process is automatic our traders can be very competitive on price.

Sell your Bitcoins with ZERO commission!

Got currency to sell? Then come and sell it to one of our buyers and have cash in your bank in just a couple of minutes. For a limited period there is no commission on all trades.

Got lots of currency to sell? Get in contact with us about our automated trading system. We think you'll be impressed.

Big name backing

Solidi Ltd is part of University of Cambridge Judge Business School's Accelerate Cambridge incubation program - you can be assured you're dealing with a well vetted and reputable company.

No ID

Small transactions require no ID at this stage, inline with the Payment Services Regulations.

Phone Support
Got a question? Just want to chat? Give us a call!


And more...

We've got lots more we want to announce, so even if you are not needing to buy or sell, join the beta so you'll be the first to receive our up and coming announcements.

Click here to join the beta:


We'll be keeping this link open for the next day or so to see how things go.
3  Bitcoin / Mining support / PCI-e 1x extender in PCI-e 16x slot - possible?? on: June 08, 2011, 11:01:33 PM
I've currently got 4x 5870's in a rig, each connected using a modified 1x PCI-e extender to a GA-770T-D3L motherboard. PSU is a 1000watt Coolmaster SilentProM and is showing sub 650watt currently.

3 of them are connected into a 1x PCI-e slot and are recognised with lspci and run poclbm happily enough.

1 of them is connected into a 16x PCI-e slot. This does not show up with lspci.

I've not done much more investigation on this, but I was wondering, is using a 1x PCI-e extender from a 16x slot to a 16x card possible? I was sure it was. Is the motherboard being picky about the type of card in the slot?
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