I recently sent a transaction to a gambling account of mine, and since I was feeling a little poor, I didn't put in a transaction fee. It's been two days, and I've started wondering. When will my bitcoin arrive in this account?
Furthermore, what's the average transaction time of:
1) No fee
2) 0.0002 BTC fee
3)0.0005 BTC fee
4) 1 BTC fee
Thanks for all answers that come my way!
If bitcoin network in normal status, 0.0001BTC is enough for fee, your transaction will be included in the next block. If you include no fee, maybe your transaction will be included within 6 blocks, it need up to 1 hour to finish your transaction.
0.0002
BTC and 0.0005
BTC are used by me when unconfirmed transactions amount are so many. When unconfirmed transactions are many, 0.0002
BTC fee need up to 6 blocks. If you input 0.0005
BTC, your transaction will be included in the next block.
If you are have so many BTC, maybe you can try to input 1
BTC to fee
. Average time to find a new block is about 1-15 minutes.
Me? 1 BTC? Lol, you gotta be kidding me. What's the reason I didn't put in any fee in the first place? I was just wondering if it's been don't before, or if it will be instantly confirmed.