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Author Topic: blockchain unconfirmed transaction 36 hours+  (Read 583 times)
tota10 (OP)
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November 23, 2016, 08:41:02 AM
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Hello

a friend sent me bitcoin but its more than 36hrs and still unconfirmed transaction!


https://blockchain.info/tx/2fe87a6f53dcdf905b2931f3545de45c66ace5efdfa612cb36bc4b628f3f62f9

usually it just take less than an hour to confirm , i dunno why its taking so long this time
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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merelcoin
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November 23, 2016, 08:45:43 AM
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Hello

a friend sent me bitcoin but its more than 36hrs and still unconfirmed transaction!


https://blockchain.info/tx/2fe87a6f53dcdf905b2931f3545de45c66ace5efdfa612cb36bc4b628f3f62f9

usually it just take less than an hour to confirm , i dunno why its taking so long this time

there are way more unconfirmed transactions in the mempool than usually. This causes a backlog, so i guess a lot of transaction will have to wait a bit longer for a confirmation.

this transaction has a fee of 11220 satoshi's and a size of 373 bytes. So it has a fee of 30 satoshi's per byte.
https://bitcoinfees.21.co/ recommands 70 satoshi's per byte for a fast confirmation at this moment.

30 satoshi's per byte will have a 90% chance of getting into a block in less than 900 minutes.

Good luck!
tota10 (OP)
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November 23, 2016, 08:56:34 AM
 #3

Hello

a friend sent me bitcoin but its more than 36hrs and still unconfirmed transaction!


https://blockchain.info/tx/2fe87a6f53dcdf905b2931f3545de45c66ace5efdfa612cb36bc4b628f3f62f9

usually it just take less than an hour to confirm , i dunno why its taking so long this time

there are way more unconfirmed transactions in the mempool than usually. This causes a backlog, so i guess a lot of transaction will have to wait a bit longer for a confirmation.

this transaction has a fee of 11220 satoshi's and a size of 373 bytes. So it has a fee of 30 satoshi's per byte.
https://bitcoinfees.21.co/ recommands 70 satoshi's per byte for a fast confirmation at this moment.

30 satoshi's per byte will have a 90% chance of getting into a block in less than 900 minutes.

Good luck!


so what can i do ? or i just have to wait for more 900 minutes ?
merelcoin
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November 23, 2016, 09:03:41 AM
 #4

Hello

a friend sent me bitcoin but its more than 36hrs and still unconfirmed transaction!


https://blockchain.info/tx/2fe87a6f53dcdf905b2931f3545de45c66ace5efdfa612cb36bc4b628f3f62f9

usually it just take less than an hour to confirm , i dunno why its taking so long this time

there are way more unconfirmed transactions in the mempool than usually. This causes a backlog, so i guess a lot of transaction will have to wait a bit longer for a confirmation.

this transaction has a fee of 11220 satoshi's and a size of 373 bytes. So it has a fee of 30 satoshi's per byte.
https://bitcoinfees.21.co/ recommands 70 satoshi's per byte for a fast confirmation at this moment.

30 satoshi's per byte will have a 90% chance of getting into a block in less than 900 minutes.

Good luck!


so what can i do ? or i just have to wait for more 900 minutes ?

there are a couple of options to speed things up, neither of these options are fast, free and easy...
option 1: just wait it out, the tx will either eventually make it into a block, or it will be forgotten by the network. If it's forgotten, your wallet will either show your old saldo again, or you'll have to force your wallet to forget the transaction.

option 2: create a double spend, using the same inputs to create the same outputs, but leave a higher fee

option 3: RBF: but this only works if you marked the transaction as replacable when you were generating it. If you didn't mark the tx as replacable from the wallet's gui, it's not replacable and this option cannot be used. The option is new, and is not shown in a lot of wallets (i only know that electrum did add the option, don't know about other wallets)

option 4: CPFP: use the output of the transaction as an input for a new transaction. The new transaction's fee needs to be high enough to cover the fees of both unconfirmed transactions (not all nodes will do the necessary calculations to make CPFP work)

option 5: PM quickseller or macbook-air and offer them a reward if they get your transaction into a block. they have access to a mining pool, and they can pick any transaction they chose to be added to the block the pool is working on.
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November 23, 2016, 09:08:05 AM
 #5

There are a shitload of transactions are awaiting confirmation, if you want to get in front of the line you need to beat everyone in the auction game for a spot on the block.

This is happening for the same reason it has been happening for the past year or so, the network can't handle all the transactions, so you need to use some other coin if you want reliability.

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