Hey guys,
I understand that TX fees are part of the BTC universe and that's all good, but I've run into a few issues the past few days and I just don't know how to move forward.
I use Multibit HD as my BTC wallet and it lets you select the fee per byte with a slider, but this doesn't always work.
For example :
TX #1 - 0.2 BTC / 140000 fee - first confirmation in less than 5 minutes - great
TX #2 (sent about 15 minutes after the #1) - 0.2 BTC / 140000 fee - took over 36 hours to get the first confirmation - wtf?
Then today I sent a much smaller one :
0.019 BTC / 180000 fee (just to be safe after what happened before) - 12 hours later still no confirmations???
Is this an issue with Multibit or am I just being super unlucky here?
I also read that if you have a lot of dust payments (cloud mining payments in my case - I know don't start, I learned the hard way) coming into your wallet this can end up costing you a lot more in fees when you try to send it as a single bigger amount. That's fine but how on Earth am I ever supposed to account for that when setting a TX fee?
e.g : If I have say 5 x 0.1 BTC payments and a hundred 0.001 payments in my wallet and then try to send 0.2 BTC how do I know which actual BTC it's going to try and send? (2 of the 0.1 amounts or hundreds of the 0.001 ones?).
Or have I got the whole thing arse over tit?
It's very confusing.
If anybody could shed some light I would really appreciate it.
