Questions tagged [transaction-fees]

This tag should be used for questions related to paying transaction fees in the Bitcoin network.

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1answer
42 views

Calculating the cost to send bitcoin?

This is a follow-up post to this question. I am using Electrum to send Bitcoin. From what I can gather, it doesn't seem like there is a way to know your "inputs" upfront. The inputs are the various ...
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Intermittent error “min relay fee not met” even with decent fee and custom Electrumx+Bitcoind

I have an automated system that sends BTC payments via Electrum for a client. Now, it happens again and again that payments keep failing with "min relay fee not met" (RPC call failed: {"code":-32603,"...
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Transaction unconfirmed after almost 16 hours [duplicate]

Please help. I was sent about 0.01762886 BTC about 16 hours ago an it still isn't confirmed yet. Transaction id: a4d0485bdc31657610db67b81ce62af54b460ed020bf12ba6bff4dbeb582be9c I need this urgently. ...
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1answer
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Can a non-miner third party help other people's transactions to confirm faster?

If I recall correctly, in 2017, when the mempool was full, there were some guys bumping other people sent transactions that were stuck in the mempool. Is that possible? How does that work?
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How to get beas fee per kilobyte of next block

I am requried to give customer the best fee in next block. Current,I find 3 solutions to get fee. using rpc method estimatesmartfee using history block using rpc method getblocktemplate Which or ...
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How to get concerned specific unspent(coin selection algorithm) from list of unspents in a wallet to calculate transaction size

I have a problem to calculate dynamic transaction fees. The problem which i am facing is to calculate the transaction size. When i have one unspent in my wallet it is too easy to calculate transaction ...
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1answer
36 views

What stopping miner from altering value in transaction to increase transaction fee?

I'm learning bitcoin through this book "Mastering Bitcoin, 2nd Edition by Andreas M. Antonopoulos". I'm at Chapter 6 "Transactions". Here is my doubt: Example there is node A, received transaction ...
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1answer
30 views

-fallbackfee option in sendtoaddress

I'm trying to send some bitcoins using bitcoin-cli API, but bitcoin core tells me that Fallbackfee is disabled. How can I set a value for fallbackfee? I've tried to specify it like bitcoin-cli ...
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2answers
5k views

Why don't miners charge more for high value transactions?

I know high and low value transactions take up the same amount of space in the blockchain. But wouldn't btc be more economical and fair if miners deliberatly chose transactions based on the value/fee ...
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1answer
41 views

Is it possible to make a transaction with no transaction fee?

Is it possible to make a transaction with no transaction fee? Is it possible to pay more fee to prioritize your transaction?
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3answers
222 views

How to calculate coin supply at each block height from all transactions?

We are working on a small project and imported all block information to mongoDB. Right now we're aiming to calculate the coin supply regarding to the block number. My plan is to loop through all ...
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2answers
1k views

Transaction with highest fee, but stuck, what did I do wrong?

I recently sent btc that appears to be stuck (https://live.blockcypher.com/btc/tx/c131d65d933e343f852021830b833123de952c1857f264503388cf642655c457/) The interesting thing is that I used a higher fee (...
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2answers
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How to send zero fee bitcoin transaction

Please does anyone know how I can send zero fee bitchin transactions? I know if might not confirm, I just wanna know if there are any wallets or sites or softwares that I can use to accomplish this.
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1answer
42 views

Which wallets support double spending?

Which wallets support double spending? i.e. cancelling a transaction with 0 confirmations by using higher fees
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How work settxfee on 0.13.0? [duplicate]

I do bitcoin-cli settxfee 0.00088496 true or $fee = '0.00088496'; if ($bitcoin->settxfee($fee)) { and then $redeem = $b->sendtoaddress($address, 0.0001); And I expect payment in bytes will ...
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1answer
35 views

Deduct transaction fee always from 1 receiver address if sending some BTC amount to 2 different receiver addresses in single transaction

Need help!! anyone there.. How to Deduct transaction fee always from 1 receiver address if sending some BTC amount to 2 different receiver addresses in single transaction
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1answer
50 views

How many BTC have been paid in fees, in total?

Is there a graph or some data points for the total BTC paid in fees? I'm interested in total BTC as % of the issued BTC at various points in time as well.
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1answer
80 views

what is measured in units of sat/kw?

Whilst learning about bitcoin & lightning fees I have encountered the abbreviation sat/kw a few times, most recently here: Why can’t lightning tx’s be signed with sighash single to allow for fee ...
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How can I force estimatesmartfee to return estimates on regtest?

Creating an app that utilizes estimatesmartfee, and it works in production, but I use regtest for automated testing and can't get it to return a value. Looking at bitcoind tests it is splitting UTXOs ...
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1answer
49 views

Fraudulent transaction

I have been in contact with a blockchain group and they are supposed to have a large amount of money sitting in my wallet waiting for withdrawal. I have had to send a large amount of money to try to ...
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1answer
42 views

What feerate estimation APIs are there?

Some company's, block explorers and payment processors offer a public API for feerate estimations. Is there a list of publicly available feerate estimation APIs?
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1answer
37 views

Scaling fee solution for Bitcoin lightning?

Currently it cost $0.000116736 USD (1 satoshi) fee to make a transaction on lightning. What are some other scaling solutions to lower the fees? Can we just increase the decimals and have sub-satoshi ...
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22 views

Bitcoin-cli transaction fee reset

How do you reset the txfee after you successfully did the transaction? I mean, getting it back to "automatic fee"?
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1answer
82 views

How does the tx fee in sendmany method get calculated?

In sendmany there is a conf_target parameter with the comment "Confirmation target (in blocks)". Does that mean that Bitcoin Core implicitly calculates and sets a smart fee for a given block target? ...
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1answer
119 views

Bitcoin-cli cannot estimate fees

I am trying to send transaction using bitcoin-cli but I am constantly getting: admin@XXXX:~$ bitcoin-cli sendtoaddress "XXXXXXX" 0.1 "" "" false true 5 "ECONOMICAL" error code: -4 error message: Fee ...
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1answer
83 views

Stay on memory pool when I sending multiple transaction from bitcoin wallet

I run the bitcoin client 0.17.1 on my ubuntu 18.04 desktop. I have some balance in my wallet. Also my client is fully synced.I have face the wallet conflict. When I send multiple transaction at once(...
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394 views

cant send btc, Uneconomical UTXO requested

Im trying to send btc worth of 2$ and i keep getting message "Uneconomical UTXO requested [type: 1 (limit 46629), txOut.val: 38546, required: 83847]" i even tried sending 1$ but its still the same can ...
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90 views

Enable dustRelayFee behavior on testnet to get error code 64: dust

Crafting and sending an utxo of 1 satoshi does works and get mined on testnet without error. However on mainnet the error code 64: dust arise. I understand the basic idea that you are not able to ...
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1answer
97 views

Mining Pools Transactions Fee

I am learning about mining pools and trying to understand their reward structure and transactions fees. Looking at the two largest pools, Antpool & BTC.com, as far as I understand AntPool uses ...
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1answer
72 views

Bitcoin core's estimatesmartfee gives same estimate on ECONOMICAL and CONSERVATIVE mode

I have observed this behavior several times before now, the commands bitcoin-cli estimatesmartfee 2 ECONOMICAL and bitcoin-cli estimatesmartfee 2 CONSERVATIVE give the same estimates. For example, ...
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1answer
159 views

Is there a solution to paying high fees when opening and closing lightning channels once we hit a fee only market?

Paying several hundred dollars to open and close a lightning channel seems uneconomical. This is a common argument against lightning by big blockers, I’m yet to read a valid argument against this.
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1answer
70 views

Miner transaction selection - how are sigops considered?

There is a limit on how much a block can sigop (set to 80000?). There is also a limit on how much a single transaction can sigop (set to 16000?). It thus seems possible (and if it's not possible, the ...
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0answers
43 views

Is there a way to get stats about fees paid (highest, lowest, average) in a specific block?

I'd prefer to get the stats from my full node via bitcoin-cli, but if that's not possible some API would do the job too...
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2answers
145 views

On chain cost of Segwit version 1 versus version 0

How do total blockchain cost for Segwit version 0 compare to version 1 which is being proposed? I'm specifically interested in a single user transactions – both paying to public key (or pk hash) and ...
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2answers
324 views

Fee negotiations in Lightning

How are fees negotiated in multi-hop payments in Lightning? Imagine a four-hop payment: Alice -- Bob -- Charlie -- Dave. Bob and Charlie advertise fees of 100 sat each, Alice thinks it's reasonable ...
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1answer
54 views

Accurately calculate fees to sweep all coins

We have an instance of bitcoin core running a watch only wallet. This wallet receives a lot of transactions that we need to (once a day) sweep and split into other personal wallets. The distribution ...
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1answer
364 views

How to calculate segwit transaction fee in bytes?

I'm trying to calculate SegWit transaction fees in bytes, I have two Segwit inputs and 2 segwit outputs. can anyone calculate this transaction fees if I'm paying 100 Sat per byte?
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1answer
70 views

Is Bech32 transaction on blockchain.info size accurate?

I have made a transaction and paid like 120 sat/B, on blockchain it says that I've paid 78.995 sat/B and noticed that transaction size is 191 (bytes) Transaction size supposed to be: 102 (input) + ...
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1answer
46 views

Batching transactions to safe on fees

I have some bitcoin spread across multiple addresses. I would like to move these to different addresses. I've heard about batching and was wondering if it is possible to batch the transaction to ...
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57 views

What happen When use -maxtxfee and -mintxfee with bitcoind

I read some document about -mintxfee and -maxtxfee. I apply this to my regtest network using the following command ./bitcoind -txconfirmtarget=6 -maxtxfee=0.00005 -mintxfee=0.00005 My question is ...
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21 views

Unconfirmed Transactions, with low Fees [duplicate]

Is there any way to estimate when a transaction or set of transactions from the same party will be mined? For example, say the company paid a small fee for transactions. How would I estimate the time ...
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1answer
40 views

Submitt transaction with custome fee

I like to doing to submit every new transaction with user specific fee. I don't see any valid documentation for achieve it using RPC call. Give any suggestion. Thankyou
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1answer
33 views

Bitcoin optional fees create transaction ordering problems?

I've tried to find a solid answer to this transaction ordering question and the practical and technical issues that do not seem solved. My understanding is that after I create a transaction, I can ...
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1answer
145 views

Why mark a transaction as RBF (Replace-by-Fee) explicitly?

I could broadcast a second transaction that has the same inputs but a higher fee, without marking the original transaction as replaceable. Miners would most likely favor the second transaction and ...
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2answers
102 views

Can the fees in a coinbase be used to launder Bitcoins?

Generally Bitcoins coming from a coinbase are considered clean as they are newly generated. However while answering this question I realized that mining pools could offer to launder Bitcoins in the ...
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38 views

How to convert fee_estimates.dat into a human-readable format?

I would like to take a look inside fee_estimates.dat to understand a bit better how the RPC command estimatesmartfee works. However, when I open the file in a text editor, the content is not readable. ...
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1answer
38 views

Can RBF be done by a third (or second) party

I've been thinking about the following usecase: could a retailer/merchant offer clients a "no bitcoin fees" option when paying with bitcoin? i.e. if something costs 1 BTC on the site, the user will ...
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1answer
44 views

Bitcoin core and transaction fees

I'm using combination of 'createrawtransaction' and 'fundrawtransaction' API calls to create my transactions. I don't pass 'feeRate' option to 'fundrawtransaction' and rely on bitcoin wallet to figure ...
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0answers
241 views

Electrum saying Not enough funds

I’m trying to send bitcoin out of electrum to a different wallet and unlike the past it’s not confirming and saying not enough funds. I raised the fee bar all the way to the highest but it still says ...
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0answers
62 views

Does bitcoin dust fee rule or policy activate in bitcoin testnet?

Does dust fee rule activate in bitcoin testnet? I create a tx in testnet with output is dust,the tx always relayed and go into block, but in main net it report dust transaction error. Why bitcoin ...