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Author Topic: Why does some confirmation take long? Others times are faster.  (Read 473 times)
SpeedDemon13 (OP)
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October 01, 2013, 01:47:14 AM
 #1

Just curious, what factors contribute to confirmations? I did two same amount transactions: one took 88 and the other took about 1500.

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October 01, 2013, 01:48:42 AM
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Just curious, what factors contribute to confirmations? I did two same amount transactions: one took 88 and the other took about 1500.

3 things . Hash rate, difficulty and possibly your fee.

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SpeedDemon13 (OP)
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October 01, 2013, 02:02:21 AM
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Just curious, what factors contribute to confirmations? I did two same amount transactions: one took 88 and the other took about 1500.

3 things . Hash rate, difficulty and possibly your fee.

Network hash rate? How does difficulty affect it? Why would the fee be a factor? I was depositing 2 equal amounts to a trade market and one was faster then the other one.

CRYPTSY exchange: https://www.cryptsy.com/users/register?refid=9017 BURST= BURST-TE3W-CFGH-7343-6VM6R BTC=1CNsqGUR9YJNrhydQZnUPbaDv6h4uaYCHv ETH=0x144bc9fe471d3c71d8e09d58060d78661b1d4f32 SHF=0x13a0a2cb0d55eca975cf2d97015f7d580ce52d85 EXP=0xd71921dca837e415a58ca0d6dd2223cc84e0ea2f SC=6bdf9d12a983fed6723abad91a39be4f95d227f9bdb0490de3b8e5d45357f63d564638b1bd71 CLAMS=xGVTdM9EJpNBCYAjHFVxuZGcqvoL22nP6f SOIL=0x8b5c989bc931c0769a50ecaf9ffe490c67cb5911
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October 01, 2013, 04:00:42 AM
 #4

Just curious, what factors contribute to confirmations? I did two same amount transactions: one took 88 and the other took about 1500.

3 things . Hash rate, difficulty and possibly your fee.

Network hash rate? How does difficulty affect it? Why would the fee be a factor? I was depositing 2 equal amounts to a trade market and one was faster then the other one.

What coin are we talking about here? And how far apart were the transactions?

Hash rate and difficulty come into play because if the difficulty is very high but the hash rate is very low, it will take quite a while to get the number of confirmations on the network for someone to accept the transaction.

As far as fee is concerned if you send a coin with no fee or lower then normal, it will be lower in queue then those with higher fee.

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