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Author Topic: Address with 770 small transactions, Armory and Electrum can't handle - Help  (Read 393 times)
Moria843 (OP)
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August 05, 2017, 08:43:09 PM
 #1

Have 5+ BTC in one address made up of 770 small transactions. I want to move the entire contents to a new address. Armory will only allow me to send 0.1 BTC at a time (says too many small transactions if I go bigger) and the fees to transfer all 5 BTC would be outrageous. I tried importing into Electrum and when I hit the send key it just sits there and processes forever when I try to send it all. I even tried sending just 0.5 BTC from Electrum and it does the same thing.

Is there a wallet that can handle?

Would importing into an online wallet work better?

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onnz423
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August 05, 2017, 09:37:55 PM
 #2

Have u tried Bitcoin core? That should probably work the best for your problem. Also you could always lessen to inputs by sending example 0.1BTC at the time to different addresses or whatever you'd like. But as far as i know, if you have around 122GB of free space on your HDD or SSD, you should be able to merge all (or almost all) inputs to a one output at once.

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DannyHamilton
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August 05, 2017, 09:49:19 PM
 #3

Regardless of the wallet you choose to use, creating a single transaction with 770 inputs will result in a transaction size of at least 114000 bytes.

Assuming you offer a transaction fee of only 10 satoshi per byte, the resulting feel will be a minimum of 0.0114 BTC.  With such a low transaction fee, you do run a risk of having difficulty getting it confirmed.

I'd expect Bitcoin Core to be able to handle that, but I'm not certain.  I haven't tried working with that many inputs yet.
buwaytress
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August 07, 2017, 06:54:26 AM
 #4

Have 5+ BTC in one address made up of 770 small transactions. I want to move the entire contents to a new address. Armory will only allow me to send 0.1 BTC at a time (says too many small transactions if I go bigger) and the fees to transfer all 5 BTC would be outrageous. I tried importing into Electrum and when I hit the send key it just sits there and processes forever when I try to send it all. I even tried sending just 0.5 BTC from Electrum and it does the same thing.

Is there a wallet that can handle?

Would importing into an online wallet work better?

If you're still trying to use Electrum, you could try consolidating your small inputs into one of the addresses into your wallet. It's tedious but it could work - it's also what Electrum suggests. Basically, try something like: look at the 20 smallest inputs, spend that exact amount and see if that doesn't freeze (20 doesn't freeze for me but you can try more I guess). And keep doing 20 until you have spent everything from that address into your new address.

You'll end up with 39 inputs into your first new address. You can spend all that into yet another 2nd new address to consolidate it all.

No worries about setting your fees to 10.1 sats/byte. At current network, they'll still confirm within 2-3 blocks, and you can always submit it for viabtc acceleration (it's also not in demand now so always has slots).

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mocacinno
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August 07, 2017, 07:10:45 AM
 #5

you can always try to run
https://github.com/btcsuite/btcwallet

It needs https://github.com/btcsuite/btcd
It's a bit harder to setup than your usual wallet (it's basically an alternative full node, and a cli wallet written in GO that uses json-rpc to connect to this node), but i've tried it in the past, and found it was able to handle big workloads...

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