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Author Topic: Unconfirmed Transaction - Please Help  (Read 872 times)
JR1515
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February 08, 2017, 03:24:10 PM
 #1

Hello-
Attempting to transfer funds from Electrum wallet to Coinbase, has been stuck in unconfirmed for about 36 hours with 0 confirmations. I used the standard suggested mining fee from the Electrum client, so I don't think that the low fee is the issue. The transaction is 72a42337d4a0da7d41646c333cffa2b797787c361d63286bce9735ffee2edb74.  Unfortunately, I did not have the setting enabled to increase the transaction fee when I initiated the transfer as I was not aware of the setting, so I cannot bump up the amount through Electrum.

I have done a lot of searching and some forums indicate the transaction will be "forgotten" after 72 hours, some indicate that they will not as it can be re-broadcast.

Currently, in the Electrum details, it states expected confirmation time of 25 blocks, but this has been sitting like this for some time and has at some times said "unknown (low fee)".

Any suggestions would be greatly appreciated (as well as any miner help).
thank you
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February 08, 2017, 03:42:25 PM
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You can export the private keys of the input addresses and import them into a new instance of Electrum and it should bring back the unconfirmed balance.

You can use the portable version of Electrum as a new instance.
JR1515
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February 08, 2017, 03:54:55 PM
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Thanks for the reply, but unfortunately that is a bit over my head. Anything else that is a bit more "newbie" in nature? I have not had to complete any troubleshooting with Bitcoin transfers before and they have always gone through in a number of hours w/o any technical back end work.
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February 08, 2017, 04:02:24 PM
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Thanks for the reply, but unfortunately that is a bit over my head. Anything else that is a bit more "newbie" in nature? I have not had to complete any troubleshooting with Bitcoin transfers before and they have always gone through in a number of hours w/o any technical back end work.
If you want something more newbie you'll just have to wait until it confirms  Tongue I've put your transaction in ViaBTC's accelerator (https://www.viabtc.com/tools/txaccelerator/) which means it should confirm in the next couple of hours. Your fee was only 40 satoshis/byte which is currently (the network is very busy atm) not enough. If you want to know how high your fee should be go here https://bitcoinfees.21.co/, you should be able to enable dynamic fees somewhere in Electrum's settings which will automatically choose a good fee for you.
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February 08, 2017, 04:06:31 PM
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OK, thank you. I just used the middle setting on Electrum figuring that would use the "going" rate for transactions, I was not trying to be cheap, although it sounds like I was accidentally. Next time I will reference the calculator site you provided. 

Is Block Reader the best place to monitor the transaction or is there a best way to watch its placement in line, for my learning purposes?
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February 08, 2017, 04:29:20 PM
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OK, thank you. I just used the middle setting on Electrum figuring that would use the "going" rate for transactions, I was not trying to be cheap, although it sounds like I was accidentally. Next time I will reference the calculator site you provided. 

Is Block Reader the best place to monitor the transaction or is there a best way to watch its placement in line, for my learning purposes?
Any block explorer will do (blockchain.info is the most used AFAIK). Bitcoin transactions don't really work in "a line". When you broadcast a transaction to the network it will be added to what's called the memory pool, it's basically just a list of unconfirmed transactions that are waiting to be included in a block/confirmed. When a miner creates a block , he'll pick out a bunch of transactions from the mempool and include them in his block/confirm them, when he does that he gets the transaction fee for all of the transactions he confirmed.
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February 08, 2017, 04:35:55 PM
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OK, thanks Big Boom. So the ViaBTC's accelerator is really just a "good will" venture by those miners to help out the congested network for those that submitted lower mining fees (even on accident, oops) who do some research and find it as a resource? And they grab those transactions and squeeze them into their next block for mining? I'll happily donate to their cause voluntarily if it works as you describe since they are performing a value add service.
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February 08, 2017, 04:45:22 PM
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OK, thanks Big Boom. So the ViaBTC's accelerator is really just a "good will" venture by those miners to help out the congested network for those that submitted lower mining fees (even on accident, oops) who do some research and find it as a resource? And they grab those transactions and squeeze them into their next block for mining? I'll happily donate to their cause voluntarily if it works as you describe since they are performing a value add service.
Yep, exactly. They lose some of their profit just to help to Bitcoin community. They've got an FAQ at the bottom of the page with a donation address I think.
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February 10, 2017, 10:20:39 AM
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Thanks for the reply, but unfortunately that is a bit over my head. Anything else that is a bit more "newbie" in nature? I have not had to complete any troubleshooting with Bitcoin transfers before and they have always gone through in a number of hours w/o any technical back end work.
If you want something more newbie you'll just have to wait until it confirms  Tongue I've put your transaction in ViaBTC's accelerator (https://www.viabtc.com/tools/txaccelerator/) which means it should confirm in the next couple of hours. Your fee was only 40 satoshis/byte which is currently (the network is very busy atm) not enough. If you want to know how high your fee should be go here https://bitcoinfees.21.co/, you should be able to enable dynamic fees somewhere in Electrum's settings which will automatically choose a good fee for you.

Is that txaccelerator thing working?
My friend, dmtripp27, thought he was paying 50k for each transaction.

1st tx:
https://blockchain.info/tx/b98875f7a093b5d9eae1e9217b48daa6477f94452483de8cf9b758860f5426c8
2nd tx:
https://blockchain.info/tx/a5d52f567c5fdc0a10a03da9eb90a6c10bd84e06a80b9295e33d3d8d192c74f0

I actually pmed QS hoping that he can do his magic.

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February 10, 2017, 05:44:42 PM
 #10

Thanks for the reply, but unfortunately that is a bit over my head. Anything else that is a bit more "newbie" in nature? I have not had to complete any troubleshooting with Bitcoin transfers before and they have always gone through in a number of hours w/o any technical back end work.
If you want something more newbie you'll just have to wait until it confirms  Tongue I've put your transaction in ViaBTC's accelerator (https://www.viabtc.com/tools/txaccelerator/) which means it should confirm in the next couple of hours. Your fee was only 40 satoshis/byte which is currently (the network is very busy atm) not enough. If you want to know how high your fee should be go here https://bitcoinfees.21.co/, you should be able to enable dynamic fees somewhere in Electrum's settings which will automatically choose a good fee for you.

Is that txaccelerator thing working?
My friend, dmtripp27, thought he was paying 50k for each transaction.

1st tx:
https://blockchain.info/tx/b98875f7a093b5d9eae1e9217b48daa6477f94452483de8cf9b758860f5426c8
2nd tx:
https://blockchain.info/tx/a5d52f567c5fdc0a10a03da9eb90a6c10bd84e06a80b9295e33d3d8d192c74f0

I actually pmed QS hoping that he can do his magic.

I see that both transaction is confirmed,but if you have problem with confirmation and you set at least 10 000 fee then you can use that ViaBTC accelerator and from my experience it is helped every time to me.From what I saw in comments this tool is excellent first aid when your transaction is stuck and what is more important it is free.I hope developers will solve block size problem soon because we will need to set high fees or use tool like this ViaBTC.

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