Electrum fees question

[YabaDabaDoo]

With dynamic fees it was asking for 3+ mBTC as the minimum and manually I can set it at 0.3 mBTC at minumum.  I check prediction bitcoin fees website and they say cheapest fee is 0.005 mBTC.  How come there is such huge difference?

[jackg]

With dynamic fees it was asking for 3+ mBTC as the minimum and manually I can set it at 0.3 mBTC at minumum.  I check prediction bitcoin fees website and they say cheapest fee is 0.005 mBTC.  How come there is such huge difference?

For 5mbtc per kilobyte (0.005btc/KB) it'll get confirmed within the next block. The 0.003btc per kilobyte is considered to be the amount currently to get your transaction confirmed in 25blocks (about 4-5 hours). As every block is found on average every 9-10 minutes.

[YabaDabaDoo]

Thx, I think I originally missed that website was in bytes not kilobytes and now it makes since since it shows 2.6 mBTC free to be confirmed in 24 blocks