Transaction keeps unconfirmed

[Jero]

Hi guys,

My transaction of 6 hours ago with high priority fee is still not confirmed. I never had this before and a bit worried about it for more than one reason. Cabn someone explain this to me or is there someone with same issue(s)?

Its about this transaction: https://blockchain.info/tx/a186dfa28b3eccdec5d4f8d8b7bdf2f7505bc4874b36bbb0b3d2390b4dd325eb

Thnx for your reply,

Jero

[steven0021]

You're using 60 satoshi per byte fee and according to https://bitcoinfees.21.co/ it should confirm in between 5 minutes to 6 hours. Your tx took an unusually long time but it should confirm soon.

[Jero]

You're using 60 satoshi per byte fee and according to https://bitcoinfees.21.co/ it should confirm in between 5 minutes to 6 hours. Your tx took an unusually long time but it should confirm soon.

Thnx for your reply.


Is it possible it has something to do with de "capacity limit" of Bitcoin? I see almost all blocks reached 1 mil of bytes in size.

Thats very worrying if that is the case or not?

[steven0021]

You're using 60 satoshi per byte fee and according to https://bitcoinfees.21.co/ it should confirm in between 5 minutes to 6 hours. Your tx took an unusually long time but it should confirm soon.

Thnx for your reply.


Is it possible it has something to do with de "capacity limit" of Bitcoin? I see almost all blocks reached 1 mil of bytes in size.

Thats very worrying if that is the case or not?

Shouldn't be if you pay the recommended fee (100satoshi per byte atm) or close to that. Higher fees increase miner's preference and you'll get faster confirmation.

[Jero]

You're using 60 satoshi per byte fee and according to https://bitcoinfees.21.co/ it should confirm in between 5 minutes to 6 hours. Your tx took an unusually long time but it should confirm soon.

Thnx for your reply.


Is it possible it has something to do with de "capacity limit" of Bitcoin? I see almost all blocks reached 1 mil of bytes in size.

Thats very worrying if that is the case or not?

Shouldn't be if you pay the recommended fee (100satoshi per byte atm) or close to that. Higher fees increase miner's preference and you'll get faster confirmation.

Yes I know, but my service (blockchain.info) always uses these kind of fees. So it should just work.
And I think I understand now and have the patience, but how will other users react? Thats worrying...

[shorena]

-snip-
Yes I know, but my service (blockchain.info) always uses these kind of fees. So it should just work.

There is a custom fee option so you can increase or decrease it as needed. It will not just work, you have to pay for your spot in the block and the price varies depending on the amount of other confirmations transactions that want a spot.

And I think I understand now and have the patience, but how will other users react? Thats worrying...

There recently was a large increase in unconfirmed transactions. The bulge around the 24th in the picture below. It was not pretty.



Edit: typos

[Jero]

Thx for your respons. Its all clear to me now 

In the meantime my transaction is confirmed in 7 hours! So that was a record run for me.
Hope this will not happen too often in future.