Bitcoin Forum
November 14, 2024, 10:53:20 PM *
News: Check out the artwork 1Dq created to commemorate this forum's 15th anniversary
 
   Home   Help Search Login Register More  
Pages: [1] 2 »  All
  Print  
Author Topic: How much GAS is required to get your Ethereum transactions processed?  (Read 444 times)
iconoclast (OP)
Full Member
***
Offline Offline

Activity: 770
Merit: 102


Matrix Built On An Ethereum Smart Contract


View Profile
December 10, 2017, 02:52:41 AM
 #1

As many of you will know the Ethereum network is having trouble processing transaction because of the increased volume created by CryptoKitties.
If you have had a transaction that processed recently please post how long it took to complete and how much GAS was used.

VarDiff
Full Member
***
Offline Offline

Activity: 196
Merit: 100


View Profile
December 10, 2017, 03:17:01 AM
 #2

4 hours ago:

Gas Limit: 25000
Gas Used By Txn: 21000
Gas Price: 0.000000037 Ether (37 Gwei)
Actual Tx Cost/Fee: 0.000777 Ether ($0.34)
udayantha11
Member
**
Offline Offline

Activity: 798
Merit: 17

2023 would most likely be as bearish as 2022


View Profile WWW
December 10, 2017, 04:29:06 AM
 #3

As many of you will know the Ethereum network is having trouble processing transaction because of the increased volume created by CryptoKitties.
If you have had a transaction that processed recently please post how long it took to complete and how much GAS was used.

When you do etherdelta transaction , you should have at least 60 gas price. Otherwise not done quickly

we all need universal power and cyclist of Everything
-2023 would most likely be as bearish as 2022-
=BTC will make it, but might be a long winter=

Stronger the storm, brighter the rainbow
sensimilia
Sr. Member
****
Offline Offline

Activity: 702
Merit: 251



View Profile
December 10, 2017, 04:36:58 AM
 #4

Hope things will improve a bit soon. It's getting kind of annoying these high gwei prices on small transactions.

▄▄▄▄▄▄▄▄▄▄▄▄▄         ▄▄▄▄▄▄▄▄▄▄▄▄▄        ▄▄▄                 ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
█████████████         █████████████       █████            ▄██████████████████████▄▄
█████████████         █████████████     ▄███████▄       ▄███████████████████████████▄
█████████████         █████████████   ▄███████████▄    ▄████████████▀▀▀▀▀▀████████████
█████████████         █████████████ ▄█████▀  ▀█████▄  ▄███████████▀        ▀██████████▄
████████████▀         █████████████ █████▀     ██████▄████████████▄         ▀▀▀▀▀▀▀▀▀▀▀
████████████          █████████████ ████        ████████████████████▄▄▄▄▄
████████████          ████████████████▀    ▄     ████▀████████████████████████▄▄▄
████████████▄       ▄█████████████▄██▀    ▄█▄     ▀███ ████████████████████████████▄
 █████████████▄▄▄▄▄█████████████████     ▄███▄     ▀███ ▀████████████████████████████
  ▀████████████████████████████▄███     ▀▀▀▀▀▀▀     ▀█████▄▄▀▀▀▀█████████████████████▄
    ▀████████████████████████▄███▀                   ▀████████▄       ▀▀██████████████
        ▀▀██████████████▀▀▄▄██████     ▄▄▄▄▄▄▄▄▄▄     ▄█████████          ████████████▀
          ██████████████ ██████████▄▄▄████████████▄▄▄█████████████        ████████████
          ██████████████ ▀█████████████████████████████████████▀████▄▄▄█████████████▀
          ██████████████   ▀█████████████████████████████████▀ ███████████████████▀
          ██████████████     ▀▀▀▀▀▀▀▀████████████▀▀▀▀▀▀▀▀▀▀▀ █████████████████▀▀▀
          ▀▀▀▀▀▀▀▀▀▀▀▀▀▀             ▀▀▀▀▀▀▀▀▀▀▀▀              ▀▀▀▀▀▀▀▀▀▀▀▀

.bet
   $200   
 BONUS 
    100% BONUS FOR 
 EVERY DEPOSIT 
[]
virtualhero
Member
**
Offline Offline

Activity: 161
Merit: 10


View Profile
December 10, 2017, 04:44:13 AM
 #5

As many of you will know the Ethereum network is having trouble processing transaction because of the increased volume created by CryptoKitties.
If you have had a transaction that processed recently please post how long it took to complete and how much GAS was used.
This CryptoKitties is really a headache in Ethereum network. We use 50 gwei to make sure the transaction won't miss. It's a headache just like bitcoin network specially when you send small amount of ethereum. 
jjdub7
Hero Member
*****
Offline Offline

Activity: 938
Merit: 502


View Profile
December 10, 2017, 04:50:05 AM
 #6

Because of CryptoKitties, if you really need almost immediately transaction, set it to 60+.
If you can wait for a while, set it to 40+.
At least this is what I'm doing in last CryptoKitties days. It is working even for EtherDelta.
Hanablue
Full Member
***
Offline Offline

Activity: 204
Merit: 100



View Profile
December 10, 2017, 04:58:19 AM
 #7

Can anybody tell me how to set that gwei? and the gas price as well? I can only change the 21000 to any numbers but cant able to change gwei. I only use myetherwallet.
Wingo
Full Member
***
Offline Offline

Activity: 686
Merit: 107


View Profile
December 10, 2017, 05:57:41 AM
 #8

I usually use 21000, 20 GWEI in myetherwallet when sending ethereum to other wallets. It's fast for sometime but not for today, I've read that cryptokitties made the transaction volume bigger resulting to slow transaction and many unconfirmed ones.
mercer007
Full Member
***
Offline Offline

Activity: 266
Merit: 100



View Profile
December 10, 2017, 06:03:23 AM
 #9

Normally I use
Gas limit: 21000
Gas price: 4-12 Gwei
But from some days the ethereum network got a bit slow because of the crypto kitten and because of that now I've to use
Gas limit: 75000
Gas price: 60-85 Gwei
aldrin6697
Member
**
Offline Offline

Activity: 322
Merit: 11


View Profile
December 10, 2017, 06:56:41 AM
 #10

Its like pumping gasoline the more gas you put the further it can go it is the usual thing and in the gas price if you pay only a small amount the transaction will be slower and faster if you do the other way.
waitforme
Full Member
***
Offline Offline

Activity: 618
Merit: 100

BBOD The Best Derivatives Exchange


View Profile
December 10, 2017, 07:14:59 AM
 #11

I think the best moment you should not trade is because it can be risky with your money.

Joshua85
Member
**
Offline Offline

Activity: 336
Merit: 10


View Profile
December 10, 2017, 07:17:38 AM
 #12

I use 55Gwei, transcaction succesful in 1min
kpierce77
Legendary
*
Offline Offline

Activity: 1540
Merit: 1002


View Profile
December 10, 2017, 07:28:01 AM
 #13

I am also aware of it, and I also do anticipation for it. such as setting gas prices to 50 Gwei or more, to minimize pending transactions  Grin
cryptogeek101
Sr. Member
****
Offline Offline

Activity: 798
Merit: 250


homt.net


View Profile WWW
December 10, 2017, 07:39:36 AM
 #14

As many of you will know the Ethereum network is having trouble processing transaction because of the increased volume created by CryptoKitties.
If you have had a transaction that processed recently please post how long it took to complete and how much GAS was used.
This CryptoKitties is really a headache in Ethereum network. We use 50 gwei to make sure the transaction won't miss. It's a headache just like bitcoin network specially when you send small amount of ethereum. 

Please what is this Cryptokitties stuff that's really causing trouble for us? Is there nothing Ethereum blockchain can do about it. Sudden increase in transaction gas for the benefit of who? We need to understand something.

HOMT


















Powered by,
Endikadija
Hero Member
*****
Offline Offline

Activity: 1458
Merit: 509


View Profile
December 10, 2017, 07:39:51 AM
 #15

As many of you will know the Ethereum network is having trouble processing transaction because of the increased volume created by CryptoKitties.
If you have had a transaction that processed recently please post how long it took to complete and how much GAS was used.
That depends on your transaction. if you are going to send ethereum to another address and I should suggest you to put 30k for gas limit and you can try to increase the gwei to the maximum (it's around 60 gwei)
Remember if you are using mew and 60 gwei should be the maximum input. If you wanna increase the fees and you should try to put the more gas limit. The more gas limit will generate you transaction with high priority and it will be mined for some minutes.
JanEmil
Hero Member
*****
Offline Offline

Activity: 2422
Merit: 668


Community management 24/7 for hire


View Profile WWW
December 10, 2017, 07:45:09 AM
 #16

I use 61 gwei.
Have made around 25 trades with Cats on the network.
All in 4-10 sec.
The price for 61 gwei is around 0.5$ (I don't know anything about it but found a calculator).

btc_angela
Hero Member
*****
Offline Offline

Activity: 2744
Merit: 551


DGbet.fun - Crypto Sportsbook


View Profile
December 10, 2017, 08:17:32 AM
 #17

As many of you will know the Ethereum network is having trouble processing transaction because of the increased volume created by CryptoKitties.
If you have had a transaction that processed recently please post how long it took to complete and how much GAS was used.
This CryptoKitties is really a headache in Ethereum network. We use 50 gwei to make sure the transaction won't miss. It's a headache just like bitcoin network specially when you send small amount of ethereum. 

Please what is this Cryptokitties stuff that's really causing trouble for us? Is there nothing Ethereum blockchain can do about it. Sudden increase in transaction gas for the benefit of who? We need to understand something.

As far as I know CryptoKitties a cat trading game that runs on Ehereum network. It went viral that's why the ETH network is so clogged that its really hard to transaction now without increasing the GAS. You can compare the slowness and huge transaction fees to the bitcoin network now. Short term solution is to really increase the GAS. Long term? Because its not really practically to used high GAS. But I'm sure this kind of games would last, and it will die down naturally. We just have to wait though till it subsides and see the network back to normal again.

jubayerjb25
Full Member
***
Offline Offline

Activity: 186
Merit: 100



View Profile
December 10, 2017, 08:27:59 AM
 #18

I usually use 21000 gas in myetherwallet when sending ethereum or tokens to other wallets but it's not working like before for last few days because of Pressure on Ether platform, i think. But, I get a successful transaction by using below configuration here:

Gas Limit: 31000
Gas Used By Txn: 21000
Gas Price: 0.000000041 Ether (41 Gwei)
marky89
Hero Member
*****
Offline Offline

Activity: 756
Merit: 502

CryptoTalk.Org - Get Paid for every Post!


View Profile
December 10, 2017, 09:07:52 AM
 #19

As many of you will know the Ethereum network is having trouble processing transaction because of the increased volume created by CryptoKitties.

It's amazing that these crypto Tamagotchis have clogged the network. Some conspiracy theorists think that it was actually a plot to slow down Ethereum, much like the recent spam attacks in Bitcoin. Similar to Bitcoin, I think the fee market will eventually prevail. People will start to weigh the cost of transactions against priority. They'll start using non-priority fees, making less blockchain trades, batching payments, etc. and we'll find some equilibrium. Eventually, I think sharding will make all of this a non-concern.

If you have had a transaction that processed recently please post how long it took to complete and how much GAS was used.

I've had transactions confirm recently with 30-45 gwei, not immediately though. I sent one transaction today with 50 gwei and it was confirmed within a minute. It seems like things are calming down a bit.

 
                                . ██████████.
                              .████████████████.
                           .██████████████████████.
                        -█████████████████████████████
                     .██████████████████████████████████.
                  -█████████████████████████████████████████
               -███████████████████████████████████████████████
           .-█████████████████████████████████████████████████████.
        .████████████████████████████████████████████████████████████
       .██████████████████████████████████████████████████████████████.
       .██████████████████████████████████████████████████████████████.
       ..████████████████████████████████████████████████████████████..
       .   .██████████████████████████████████████████████████████.
       .      .████████████████████████████████████████████████.

       .       .██████████████████████████████████████████████
       .    ██████████████████████████████████████████████████████
       .█████████████████████████████████████████████████████████████.
        .███████████████████████████████████████████████████████████
           .█████████████████████████████████████████████████████
              .████████████████████████████████████████████████
                   ████████████████████████████████████████
                      ██████████████████████████████████
                          ██████████████████████████
                             ████████████████████
                               ████████████████
                                   █████████
.CryptoTalk.org.|.MAKE POSTS AND EARN BTC!.🏆
darklighter007
Member
**
Offline Offline

Activity: 320
Merit: 10

FIRST SELF-SUSTAINING CRYPTO INFRASTRUCTURE


View Profile WWW
December 10, 2017, 09:18:05 AM
 #20

   21000 gas is the default in myetherwallet when sending ethereum or tokens to other wallets but it's hasn't been really functional in the last couple of days due to the increase in transaction load on the Ethereum platform. But I think setting the gas to a figure higher than the default e.g Gas Limit: 31000 usually does the trick.

Pages: [1] 2 »  All
  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!