how to get rid of BTC dust ???

[bitcoin44me]

I only have one (open) wallet.

Do you suggest I used several wallets, and make some transfers from one to another.

Do you have a theoric example, to show me how to aggreegate my dust?


It could be helpful for a lot of newbies who (like me) did not fully understand the BTC conceppts.

regards,

E.

If you have one wallet it's fine. But you don't have enough money to make a transaction

[1714831478]

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[DeathAndTaxes]

If you only have one wallet it all combines into one, so you can use everything you've gathered. The "dust" only exists when you have very little on one wallet, but since you have everything on one wallet it all combines. Maybe not the best explanation, but I hope it helped.

That is incorrect.  Bitcoin works on a system of discrete inputs and outputs.  Each output remains unique and adding non-dust outputs to a wallet with dust doesn't "magic" them away.  You will have a wallet with dust and non-dust.

To OP.  The min fee on low priority tx has been lowered at least three times in the history of Bitcoin.  There is nothing you can do to get rid of dust.  Someday however the amounts that are considered dust now may not be due to higher valuation. 

[BarkinTree]

hold onto it and don't move it IMO. too expensive right now. but if bitcoin is worth 7 figures someday, that dust will be worth it to move. 

[emilia79]

my Idea, if my readings are correct ...


When bitcoin44me say : "No, you can send it all with 1 transaction if you spend enough btc to that address"

example:

I'll have V1=0.05 BTC + V2=10 µBTC in the first Wallet W1 (on my computer).

I create an E-wallet W2 at coinbase for example, and transfer V1+V2 from the first wallet W1 to the second Wallet W2. So I aggregate V1+V2=> V3


And then I go back and tranfert V3 from Wallet W2 to wallet W1.

Is it correct ?

[Arksun]

If you only have one wallet it all combines into one, so you can use everything you've gathered. The "dust" only exists when you have very little on one wallet, but since you have everything on one wallet it all combines. Maybe not the best explanation, but I hope it helped.

That is incorrect.  Bitcoin works on a system of discrete inputs and outputs.  Each output remains unique and adding non-dust outputs to a wallet with dust doesn't "magic" them away.  You will have a wallet with dust and non-dust.

To OP.  The min fee on low priority tx has been lowered at least three times in the history of Bitcoin.  There is nothing you can do to get rid of dust.  Someday however the amounts that are considered dust now may not be due to higher valuation. 

That's not what Jacce meant though, he's correct, as long as all that dust is in a single wallet, just go by the total balance, doesn't matter if its thousands of tiny bits collected together, or even seperate addresses, they're all pooled in a transfer no problems if the total balance is high enough.

[emilia79]

OK.

So all I have to do is to add sufficient balance to my dust.


1) At total, I have around 0.01 BTC in dust.

2) I add a big amount, but how big ?


1 BTC ? less ?

What do you think ??





P.S.And then maybe I'll write an howto : "dust for newbie will not go with the wind"

[monbux]

No, wrong title maybe

but I have tiny coins;

I can do nothing with them separately (1µ BTc there , 3 µBTC here ...) but their amount has increasing to a (aggregated) whole 0.01 BTC.



So how "save" them to be able to use them, once aggregated

?

Well, you can send bitcoins without paying a transaction fee, but it will take many days for the coins to arrive.
It'll be easy if you are using blockchain.info; go to custom send and choose your TX fee.

[MoonShadow]

No, wrong title maybe

but I have tiny coins;

I can do nothing with them separately (1µ BTc there , 3 µBTC here ...) but their amount has increasing to a (aggregated) whole 0.01 BTC.



So how "save" them to be able to use them, once aggregated

?

Well, you can send bitcoins without paying a transaction fee, but it will take many days for the coins to arrive.

Maybe, maybe not.  That depends on a lot of variables, some of which are controllable.  Even if so, the existence & validity of the transaction is provable.  If one were sending them somewhere that one could wait for, such as a donation or sending it to oneself for consolidation, the time frame to confirmation would be less of an issue.

[DeathAndTaxes]

If you only have one wallet it all combines into one, so you can use everything you've gathered. The "dust" only exists when you have very little on one wallet, but since you have everything on one wallet it all combines. Maybe not the best explanation, but I hope it helped.

That is incorrect.  Bitcoin works on a system of discrete inputs and outputs.  Each output remains unique and adding non-dust outputs to a wallet with dust doesn't "magic" them away.  You will have a wallet with dust and non-dust.

To OP.  The min fee on low priority tx has been lowered at least three times in the history of Bitcoin.  There is nothing you can do to get rid of dust.  Someday however the amounts that are considered dust now may not be due to higher valuation. 

That's not what Jacce meant though, he's correct, as long as all that dust is in a single wallet, just go by the total balance, doesn't matter if its thousands of tiny bits collected together, or even seperate addresses, they're all pooled in a transfer no problems if the total balance is high enough.

And make the transaction massively large and thus the fees more than the value of the dust spent.

[starik69]

If you add 1Btc to dust wallet after 24 hours you can combine (send to the same address) that 1Btc with some dust without fees. Use coincontrol https://bitcointalk.org/index.php?topic=144331.0 , with it you can see what combinations of dusts makes what fees.

[MoonShadow]

OK.

So all I have to do is to add sufficient balance to my dust.


1) At total, I have around 0.01 BTC in dust.

2) I add a big amount, but how big ?


1 BTC ? less ?

What do you think ??

As long as the transaction total is over .05 BTC, you shouldn't have many issues.

[po1992one]

my Idea, if my readings are correct ...


When bitcoin44me say : "No, you can send it all with 1 transaction if you spend enough btc to that address"

example:

I'll have V1=0.05 BTC + V2=10 µBTC in the first Wallet W1 (on my computer).

I create an E-wallet W2 at coinbase for example, and transfer V1+V2 from the first wallet W1 to the second Wallet W2. So I aggregate V1+V2=> V3


And then I go back and tranfert V3 from Wallet W2 to wallet W1.

Is it correct ?

No it doesnt work this way. You might aggregate your dust but it is a lot of work. 1st you need wallet with coin control feature. 2nd you select inputs V1=0.05 BTC + V2=10 µBTC  and send to V3. But before you can, you must wait 40 days - (1 BTC per input days). Then the transaction can take many days before included to blockchain. Of course if you aggregate 2 small inputs, you must age your 0.05 input 60 days. And so on.

[oleedee]

surely you could move an amount that is big enough to incur 0 transaction fees as it moves through your wallets and collects the dust... ?

[DeathAndTaxes]

surely you could move an amount that is big enough to incur 0 transaction fees as it moves through your wallets and collects the dust... ?

Sure but it takes time and even high priority txs (which aren't required by most nodes to include a fee) still need a miner willing to include the tx in a block..  You could either create a 1 BTC + 1 small output tx every day and maybe get it confirmed in a day so you eliminate 1 spam output every 2 days or so.   It will require coin control and properly constructing transactions, and some charity on the part of the miner.   In the end you might "recover" maybe half a cent per day in dust spam for a lot of manual work.  Or you could just wait.  The min mandatory fee on low priority txs was at one time 0.1 BTC it has been lowered 3 times to 0.1 mBTC.  It is entirely possible that in the future if the exchange rate keeps rising the limit will be lowered further making once "unspendable" dust, spendable again.

Making a giant free tx is probably pointless.  No miners is going to incude a 20KB unpaid tx even if it is high priority.  Remember miners aren't required to include any specific tx.

[Haidang1796]

I don't really get your question 

[emilia79]

Thanks to all for all your answers and tricks.

The BTC management is not trivial. Even Senior members have different opinions.

[Johanna]

Create a new wallet maybe?