Bitcoin Forum
May 09, 2024, 10:57:51 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: another btc fee question :)  (Read 514 times)
nokati (OP)
Full Member
***
Offline Offline

Activity: 312
Merit: 111



View Profile WWW
September 08, 2017, 10:21:39 PM
 #1

I had in the past a huge transaction fee about 400USD as I had alot of payments of 0.01 from mining, so i want to avoid that in the future....

I have got a singel tranaction from withdrawing from an exchange, when I look it up on the blockchain it has combined 101 inputs wich have been combined to send to my wallet! does this mean that when I want to spend it I need to pay the fee based on 101 inputs or is it count as 1 input when I want to spend it as I got it in one transaction?

1715295471
Hero Member
*
Offline Offline

Posts: 1715295471

View Profile Personal Message (Offline)

Ignore
1715295471
Reply with quote  #2

1715295471
Report to moderator
1715295471
Hero Member
*
Offline Offline

Posts: 1715295471

View Profile Personal Message (Offline)

Ignore
1715295471
Reply with quote  #2

1715295471
Report to moderator
1715295471
Hero Member
*
Offline Offline

Posts: 1715295471

View Profile Personal Message (Offline)

Ignore
1715295471
Reply with quote  #2

1715295471
Report to moderator
"This isn't the kind of software where we can leave so many unresolved bugs that we need a tracker for them." -- Satoshi
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
DannyHamilton
Legendary
*
Offline Offline

Activity: 3388
Merit: 4653



View Profile
September 09, 2017, 03:38:42 AM
 #2

when I want to spend it I need to pay the fee based on 101 inputs or is it count as 1 input when I want to spend it as I got it in one transaction?

Since you received it with 1 transaction, it will be 1 input when you spend it.

If you receive a second transaction, withdrawing from the exchange a second time, and then spend the total amount from the two withdrawals that will be 2 inputs.
Thekool1s
Legendary
*
Offline Offline

Activity: 1512
Merit: 1218


Change is in your hands


View Profile
September 09, 2017, 03:51:47 PM
Last edit: September 10, 2017, 10:24:16 AM by Thekool1s
 #3

I had in the past a huge transaction fee about 400USD as I had alot of payments of 0.01 from mining, so i want to avoid that in the future....

I have got a singel tranaction from withdrawing from an exchange, when I look it up on the blockchain it has combined 101 inputs wich have been combined to send to my wallet! does this mean that when I want to spend it I need to pay the fee based on 101 inputs or is it count as 1 input when I want to spend it as I got it in one transaction?

As Danny said, your inputs will combine up whenever you will send a payment with more than 1 input. But it's good to practice that you only withdraw higher amounts, weather it's from faucets or cloud mining companies.  That's the only way to save up on transaction fees.
gecox22
Hero Member
*****
Offline Offline

Activity: 778
Merit: 515



View Profile
September 10, 2017, 12:26:40 PM
 #4

I had in the past a huge transaction fee about 400USD as I had alot of payments of 0.01 from mining, so i want to avoid that in the future....

I have got a singel tranaction from withdrawing from an exchange, when I look it up on the blockchain it has combined 101 inputs wich have been combined to send to my wallet! does this mean that when I want to spend it I need to pay the fee based on 101 inputs or is it count as 1 input when I want to spend it as I got it in one transaction?

I know your pain. I just did the same thing.  But I did just explained this on another topic.https://bitcointalk.org/index.php?topic=2154430.0 Which has tx's included so you can see how I consolidated my micro payments. If you need any help feel free to reach out. 

Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!