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Author Topic: Unconfirmed Transaction  (Read 523 times)
Elysian17
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February 08, 2017, 06:32:46 AM
 #1

Start off by saying this. I read other posts in this forum, and noticed that setting the default dynamic fee (.0005 btc/kb) is not nearly enough to confirm in a timely fashion. So I understand why it didn't confirm, and that I pretty much can't do anything about it at this point except wait for the transaction to become inactive and the funds are released.

That being said, I notice that dynamic fees only go up to .001 btc/kb, where I've read that the recommended fee is .001 to .0011. Is there a way to increase the fee slider past .001?
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kolloh
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February 08, 2017, 07:51:02 AM
 #2

Start off by saying this. I read other posts in this forum, and noticed that setting the default dynamic fee (.0005 btc/kb) is not nearly enough to confirm in a timely fashion. So I understand why it didn't confirm, and that I pretty much can't do anything about it at this point except wait for the transaction to become inactive and the funds are released.

That being said, I notice that dynamic fees only go up to .001 btc/kb, where I've read that the recommended fee is .001 to .0011. Is there a way to increase the fee slider past .001?

Dynamic fees estimate appropriate fees based on how fast you wish for the transaction to confirm and it does a pretty good job. Setting the slider to the far right is as high as you can make the fee go as far as I know but I haven't had any issue with fast confirmation times when using it in the far right setting.
Cereberus
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February 12, 2017, 08:11:47 PM
 #3

Start off by saying this. I read other posts in this forum, and noticed that setting the default dynamic fee (.0005 btc/kb) is not nearly enough to confirm in a timely fashion. So I understand why it didn't confirm, and that I pretty much can't do anything about it at this point except wait for the transaction to become inactive and the funds are released.

That being said, I notice that dynamic fees only go up to .001 btc/kb, where I've read that the recommended fee is .001 to .0011. Is there a way to increase the fee slider past .001?

Go to Electrum/Tools/Preferences/Fees and untick the Dynamic fees, you will see that the transaction fee for Kb small window will become active.

Put 0.002 for fee for KB/transaction. That should solve your problem, although I agree with kolloh setting the dynamic fee to the far right is the best way and you will not have problems with transactions confirmation speed.

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kolloh
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February 13, 2017, 02:44:34 AM
 #4

Start off by saying this. I read other posts in this forum, and noticed that setting the default dynamic fee (.0005 btc/kb) is not nearly enough to confirm in a timely fashion. So I understand why it didn't confirm, and that I pretty much can't do anything about it at this point except wait for the transaction to become inactive and the funds are released.

That being said, I notice that dynamic fees only go up to .001 btc/kb, where I've read that the recommended fee is .001 to .0011. Is there a way to increase the fee slider past .001?

Go to Electrum/Tools/Preferences/Fees and untick the Dynamic fees, you will see that the transaction fee for Kb small window will become active.

Put 0.002 for fee for KB/transaction. That should solve your problem, although I agree with kolloh setting the dynamic fee to the far right is the best way and you will not have problems with transactions confirmation speed.

Yeah, the dynamic fees feature is best so you don't end up overpaying on fees when network congestion isn't very high. But yeah, you could manually set the per KB fee to a higher amount if you wanted to ensure miners place priority on yours but you may be paying extra for no reason.
cmackay99
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February 23, 2017, 08:20:24 AM
 #5

Same with mine , i set it on the default dynamic fee (which i normally do with my other account) and its been unconfirmed for nearly 3 days now,
Is this just a problem with the sort of low fee or is it Electrum thats the problem ? any help will be great.

https://blockchain.info/tx/69cb9daa39166ab2b0b5ab3ce5b7687d2ed3a8242d9032e7066ba81a8f2603ca
kolloh
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February 24, 2017, 04:50:28 AM
 #6

Same with mine , i set it on the default dynamic fee (which i normally do with my other account) and its been unconfirmed for nearly 3 days now,
Is this just a problem with the sort of low fee or is it Electrum thats the problem ? any help will be great.

https://blockchain.info/tx/69cb9daa39166ab2b0b5ab3ce5b7687d2ed3a8242d9032e7066ba81a8f2603ca


Looks like this transaction already confirmed, but I'd recommend moving the dynamic fee slider further to the right for a quick confirm. This transaction only had 50 sat/byte fees when the network is wanting 150-200 sat/byte lately.
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