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331
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Other / Beginners & Help / Bitcoin QT - What order are coins sent?
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on: May 11, 2013, 02:31:16 PM
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If I send a payment using Bitcoin QT and am not sending the entire wallet balance, what order are coins taken in regards to my received transaction history? For example do the oldest coins (the one with the most confirmations) take priority and will be sent first in any outgoing transaction? Hope this question makes sense.  |
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337
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Other / Beginners & Help / Re: Coin ageing & mining fees
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on: May 10, 2013, 12:26:50 PM
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Thanks for the advice, very helpful. One thing I don't understand is how you work out the size in bytes of an individual transaction. Is it something I can view in my wallet or do I work the figure out with a mathematical equation? I'm using Bitcoin QT wallet. If you have Coin Control installed, you can see it. It's a bit less than 200 bytes for every transaction included. Thank you, I will do some research into Coin Control, sounds really useful. This forum has been so useful in helping me learn about BTC and cryptocurrency. Each time I have had a question that might seem simple to some and make me me sound like a novice, forum members have come back with helpful advice in such a friendly way. I really appreciate it. |
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338
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Other / Beginners & Help / Re: Coin ageing & mining fees
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on: May 09, 2013, 09:51:06 PM
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Thanks for the advice, very helpful. One thing I don't understand is how you work out the size in bytes of an individual transaction. Is it something I can view in my wallet or do I work the figure out with a mathematical equation? I'm using Bitcoin QT wallet. |
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339
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Other / Beginners & Help / Coin ageing & mining fees
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on: May 09, 2013, 08:15:53 PM
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Can anyone please explain to me how coin ageing affects mining fees paid when money is transfered? For example I have a wallet that has about 100 received transactions and zero sent transaction. The amounts are very small and I wish to transfer in bulk to a seperate wallet, making them a single transaction. The btc are fairly aged with lots of confirmations, will this help reduce mining fee? Also what order would the btc be taken if not sending entire balance? (e.g. would the oldest coins be sent first). Hope these questions make sense, many thanks |
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