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Author Topic: What is a good fee for the miners?  (Read 174 times)
MoonIsBlue (OP)
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October 15, 2017, 01:11:19 PM
 #1

I kind of want a semi-fast transaction like up to 20-30 minutes, I started playing around with the fee's on electrum wallet and I can't set it back to default and I'm lost >.>


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October 15, 2017, 01:13:51 PM
 #2

http://bitcoinfees.21.co/

visit the above site, it has good information about fees. remember that fees change according to mempool, they are not going to be a fixed amount forever.

and also in case you didn't know it depends on your transaction size.

in electrum go to your preference and in the Fees tab select all the options so you have the flexibility to change fees easily. it even shows you a slider which you can push right and left to get different amount of fess and read the "tool tip" when you do it to see the estimated time.

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MoonIsBlue (OP)
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October 15, 2017, 01:23:17 PM
 #3

I'm still just as lost, I tried 250 sat/byte as recommended by that site and it says that it won't excecute the transaction because fee is to low.
I tried 300 sat and it says that that seems unusually high. I tried some inbetween but its either to low or unusually high.

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October 15, 2017, 02:01:33 PM
 #4

Okay it took me a while to figure this out.. the fee price is shown in kilobytes... WOW.

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