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News: Latest Bitcoin Core release: 27.0 [Torrent]
 
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turtlehurricane (OP)
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July 10, 2015, 09:22:56 PM
Last edit: September 27, 2015, 10:34:05 AM by turtlehurricane
 #1

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July 10, 2015, 09:29:12 PM
 #2

0.0038 BTC for 520 byte is unprecendented. Are you sure that you did not modify any miner fee settings of the core. Which version you are using ?

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July 10, 2015, 10:07:50 PM
 #3

I suspect he slid the fee slide bar the the "max" position.  Options are optional for a reason.

Looks like you got 2 minute confirmation... so congrats on that.

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July 10, 2015, 11:20:41 PM
 #4

I suspect he slid the fee slide bar the the "max" position.  Options are optional for a reason.

Looks like you got 2 minute confirmation... so congrats on that.

No wonder Cheesy Even with all this spam, it's quite a nice fee!
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July 11, 2015, 12:16:41 AM
 #5

The very fast confirmation indicates that the fee paid might be higher than required. So I suspect that you might have chosen a high fee setting. If Bitcoin Core did suggest such a fee per default, then I guess that the estimation function clearly failed in this case - it would be interesting to know why and if it can be improved.

Apart from that paying $1 on a $600+ transaction is not extremely expensive anyway.

Personally, I did not experience any such problems lately.

ya.ya.yo!

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July 11, 2015, 12:34:48 AM
 #6

How often do you run Bitcoin Core? Maybe its estimates are bad if you run it only occasionally. Mine gives an estimate of 0.00089280/KB for confirmation after 1 block, but I run mine all the time.

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July 11, 2015, 01:20:34 AM
 #7

At least, you didn't making jam on BlockChain. Well than, thank you very much. Smiley

How often do you run Bitcoin Core? Maybe its estimates are bad if you run it only occasionally. Mine gives an estimate of 0.00089280/KB for confirmation after 1 block, but I run mine all the time.
Is that really takes effect?

faucet used to be profitable
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July 11, 2015, 04:05:56 AM
 #8

It calculated it by itself, I think it made an incorrect estimate.

You payed about 730 satoshi / byte.  So yeah... something got whacked.

The slidebar is supposed to pay between 4-100 satoshi / byte.

Could you go into the fee dialog and see what is checked?
I did notice that they changed the Fee dialog from 0.8.5 to 0.10.2


Then you have a volume bar.  You can turn the fee volume down (3.89 satoshi/byte)


Or you turn the fee volume all the way up (122 satoshi/byte)




d4n13
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July 11, 2015, 05:29:43 AM
 #9

Did some digging, and the slidebar I pointed out calls a routine called estimateFee.  This, as far as I see, does look at the mempool to calculate the fee.  So spend a second to read the confirm screen before agreeing to the fee.

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July 11, 2015, 05:35:53 AM
 #10

Its is very much un-casual to cahrge so much for .52 kb , i think you manipulated the miners fee.
fastness of transaction may be the reason.
Check if you have manipulated the miners fee..

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