Skip to main content
Share Your Experience: Take the 2024 Developer Survey

Questions tagged [transaction-fees]

Transaction fees are paid to miners by the sender of a transaction. This money rewards miners for the work they do in putting transactions into a specific order and adding them to new blocks to be added to the list of transactions known as the blockchain.

90 questions with no upvoted or accepted answers
Filter by
Sorted by
Tagged with
3 votes
0 answers
273 views

How to calculate the purging low-fee for a node with the default mempool size?

I'm running a full node with a mempool size set to 2 GB. Default mempool size is 300 MB. At the moment (block hight 785,095) the mempool size is around 344 MB. Running rpc command bitcoin-cli ...
deyw's user avatar
  • 550
3 votes
0 answers
127 views

How much mining activity is needed for Bitcoin to remain secure?

I'm not looking for a number, but rather for a way to make an estimate taking things like market capitalization and the fact that mining uses ASICs into account. (I assume ASICs are relevant since ...
meribold's user avatar
3 votes
3 answers
339 views

Can stolen or otherwise tainted coins be laundered through mining fees?

Do chain analysis techniques consider the fee portion of block rewards as tainted funds? e.g. if known stolen funds are moved in a certain block, the fees the sender pays end up "polluting" ...
pox's user avatar
  • 79
3 votes
1 answer
503 views

How do I calculate transaction fee for call to createpsbt()?

When my user invokes my app, he passes as an input parameter the desired value of the TX fee in satoshis per byte. I create a PSBT by calling createpsbt(). I exert complete control over the ...
eric's user avatar
  • 125
3 votes
1 answer
2k views

How can I accelerate confirmations in ledger nano s?

I am using Ledger Nano S hardware wallet to store my bitcoins. Last week, for an experiment, I decided to send bitcoins to hitbtc currency exchange with zero btc fees. I was wondering how many hours ...
mertimiks's user avatar
  • 131
3 votes
1 answer
124 views

Can the fee produced by estimatefee be artificially manipulated?

Could a miner who wanted more transaction fees manipulate the fee produced by estimatefee? If so, what percentage of hashpower would it take, and how long would you need it?
Nick ODell's user avatar
  • 29.4k
2 votes
0 answers
63 views

How to get transaction fee info using Python from an Electrum server?

I can get a raw transaction and parse it using electrum and bitcoinlib fairly easily: import bitcoinlib from electrum.daemon import Daemon from electrum.simple_config import SimpleConfig class ...
moblie's user avatar
  • 121
2 votes
0 answers
1k views

How can I raise the fee of a transaction in Bitcoin Wallet App?

I am using the Bitcoin wallet app from bitcoinj.org. I sent a payment with a low fee so it's been pending for 8 days. I wrote the developers and they only replied with auto. Beneath is what I got: Q: ...
Betty's user avatar
  • 21
2 votes
0 answers
62 views

How many times has the dust limit and minRelayTxFee changed?

I understand that there's no minimum tx fee or minimum tx output amount in the consensus rules. However, the default minimum values for a transaction to be considered 'Standard' in Bitcoin Core have ...
Darius's user avatar
  • 789
2 votes
0 answers
1k views

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,"...
CherryDT's user avatar
2 votes
0 answers
51 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...
Joe's user avatar
  • 21
2 votes
0 answers
158 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 ...
kinjia's user avatar
  • 81
2 votes
0 answers
478 views

Abandon Transaction or Increase fee

I'm using Bitcoin core v0.15.1 and I am trying to send my BTC to coinbase. I have waited over 72 hours since initiating a transaction and when I right click the "abandon transaction" and "Increase fee"...
Stevie O's user avatar
2 votes
0 answers
928 views

How is the transaction fee for sending bitcoins using Electrum wallet calculated ?

I am trying to understand how is the fee for transaction calculated for desktop wallets like electrum.
Gaurav Sarma's user avatar
2 votes
0 answers
243 views

How to unstuck a low-fee transaction sent from MultiBit?

I've sent a transaction with MultiBit Classic or MultiBit HD, but accidentally included too little fee. What can I do to speed up the transaction's confirmation or to replace it? This is a ...
Murch's user avatar
  • 75.7k
2 votes
0 answers
690 views

Mempool filled with 14KB transactions, tons of inputs, 0.15 mBTC fee

With the blockchain experiencing extremely high transaction volumes (most blocks at the 1MB size limit), I am interested in studying the "backlog" of transactions in the memory pool on my own full ...
Pressed250's user avatar
2 votes
0 answers
135 views

Need to do 400 transactions, how do I get them confirmed?

I tried to send 0.00000001 btc to about 7 addresses, and paid the 0.0001 fee. But it seems like this transaction won't go through ever. Those coins are lost :(. I have about 400 sponsors, and they ...
user3493746's user avatar
2 votes
0 answers
314 views

API: keeping account balance positive (+knowing in advance the transaction fee)

I'm using the json API. I need to keep all the account balances positive: I call getbalance first, check if it has enough bitcoins to proceed, and then move or sendfrom. This approach causes two ...
o0'.'s user avatar
  • 5,240
2 votes
1 answer
421 views

What block had the most transaction fees? Why?

What block had the most transaction fees? Why? How big can transactions be? What's the largest transaction (size, in bytes)?
lurf jurv's user avatar
  • 2,714
1 vote
0 answers
56 views

What determines the order of transactions in a block?

I've been looking at the live mempool on mempool.space, and while most transactions are sorted in order of highest sat/vB to lowest, I've noticed some that standout with extremely high sat/vB but are ...
Blank Dev's user avatar
1 vote
1 answer
126 views

How bitcoin node selects the output unspent transactions when sending bitcoin?

please help me understand the algorithm for selecting UTXO when forming a new transaction in Bitcoin. For example, my wallet has a lot of incoming transactions (thousands of transactions in amounts of ...
Ketut Bakle's user avatar
1 vote
0 answers
155 views

How to get transaction size as byte before send with Python's bit library?

I am using bit library to make a Bitcoin transaction. I can use methods like this: key.create_transaction([('1Archive1n2C579dMsAu3iC6tWzuQJz8dN', 190, 'jpy')]) or key.send([('...
reza_khalafi's user avatar
1 vote
0 answers
50 views

Historical miner fees per transaction

Where can I find accurate data showing the average amount that people paid in miner transaction fees per transaction per day? I found a chart titled Fees Per Transaction (USD) on Blockchain.com. I ...
Michael Altfield's user avatar
1 vote
0 answers
63 views

What fee rate would offset the cost of RAM for a million nodes?

When fees are low it's sometimes suggested that the minimum relay fee is lowered below 1 satoshi per vbyte. But transactions come with externalities (bandwidth, CPU, memory, disk space), both when ...
Sjors Provoost's user avatar
1 vote
0 answers
164 views

Transfer all funds to another wallet with node.js

I have a segwit address (starts with bc...) and its private key, that holds some BTC value. Using node.js I would like to transfer all my funds to another address. This should be pretty straight ...
forhas's user avatar
  • 137
1 vote
0 answers
98 views

Idea for zero confirmations transactions using “proof of risk”

I was wondering if the following could be implemented on Bitcoin or other cryptos, or maybe in the future with additional opcodes. Suppose Alice wants to send small transactions to others, without the ...
Oren's user avatar
  • 133
1 vote
0 answers
115 views

Generating zero-amount transactions in regtest mode?

I'm setting up a larger test network of regtest nodes in which all of them should be easily capable of creating blocks and sending transactions. To this end, I'm looking for a simple way for the nodes ...
tnull's user avatar
  • 111
1 vote
0 answers
34 views

How to open channel with output of closing channel? [Lightning Network]

How can I automatically open a new channel while closing another, avoiding to create an unnecessary intermediate transaction? Do any wallets support it at the moment, or would I have to do it with a ...
tremblings40's user avatar
1 vote
0 answers
442 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 ...
onepix's user avatar
  • 400
1 vote
0 answers
21 views

Dynamically change transaction fee using delegate service

My setup: API service holding a bitcoind Full Node. Client Wallet - I have no control over that system. User application - Who gets the barcode for payments. So, My API (1) only has the Receiving ...
Dor Bar's user avatar
  • 151
1 vote
0 answers
81 views

Bitcoin-core 0.15.1 gettransaction showing wrong fee for some transactions

What makes me wonder, this happens just for some transactions Take a look at this transaction: 20179d0d2fba68b2ca82ab8cc5faa39ced73324af6b90b6505cca2c3d65102a6 As you can see inputs/outputs fee is: ...
Tailer's user avatar
  • 3,669
1 vote
0 answers
51 views

Dividing miner reward over a k-length jumping window

Nowadays, a miner can gain more than another one even when they mine the same amount of blocks due to variance in tx fees. It's expected that, especially once the coinbase reward is gone, this will ...
SpiderRico's user avatar
1 vote
0 answers
310 views

how does this transaction size calculated

what brought my attention this transaction size this transaction contains 2 SegWit inputs which mean it should be compressed and five outputs. As we know, each compressed input size is ≈ 148 bytes, ...
Tailer's user avatar
  • 3,669
1 vote
1 answer
3k views

Tax implications of withdraw fee from one exchange (Binance) to another GDAX/Coinbase

I transferred 0.2 ETH and 0.3 ETH in separate transfers from GDAX to Binance (GDAX does not charge a fee for this). Then, I transferred back from Binance to GDAX all 0.5 ETH, but since Binance ...
platypus's user avatar
  • 111
1 vote
0 answers
112 views

Low fee bitcoin transaction confirmed within 30 Min

One hour ago I've sent a transaction to a friend with 110 sat/byte. After 30 min I've noticed that the transaction has 3 confirmation with this low fee and the network congestion. The receiver has ...
Tailer's user avatar
  • 3,669
1 vote
0 answers
80 views

Distribution of tx fees

Do tx fees issued by users follow a particular distribution ? I'd guess they follow the normal distribution, but I'm not sure. More precisely, how tx.fee/tx.size is distributed in the mempool ?
SpiderRico's user avatar
1 vote
0 answers
138 views

Ho to spend bitcoin in MultiBit Classic in these times of high transaction fees?

I bought some bitcoin back in 2013 and transferred it to my private wallet managed by MultiBit classic 0.5.17. I have successfully used the system and spent some of the funds in MultiBit Classic as ...
Vladimir Ferdman's user avatar
1 vote
1 answer
742 views

Error in blockchain.info wallet

My problem is that I can not do any transactions at all because of an error. BitcoindException(super=com.neemre.btcdcli4j.core.BitcoindException: Error #-26: 66: mempool min fee not met, code=-26). ...
No Name's user avatar
  • 11
1 vote
0 answers
238 views

Has anyone experienced money wire from Bitfinex to a european bank? How are the fees applied?

I try to find the best way to cash-out when needed. I use Bitfinex lately and I see that they have a good fee structure (https://www.bitfinex.com/fees - if you know something better let me know). ...
erogol's user avatar
  • 107
1 vote
0 answers
85 views

How do check if I have overpaid for a transaction?

I was inspired by this tweetstorm by John Newberry: https://twitter.com/jfnewbery/status/927615263058653184 I wanted to reproduce the process using my own calculations. I have two approaches so far:...
timothyylim's user avatar
1 vote
0 answers
341 views

Get fees for each transaction in a block without too many API calls

Using Blockchain.info's API, my current approach is to query the endpoint for a block then to collect all the transaction hashes within that block: https://blockchain.info/rawblock/$block_hash Then ...
timothyylim's user avatar
1 vote
0 answers
915 views

bitcoind transaction fee calculation

I'm using bitcoind and for the transfer of tokens from one account to other, I'm using sendFrom method. but there is a transaction fee calculation and on the bitcoin-qt panel, In the transactions ...
RealSteel's user avatar
  • 179
1 vote
0 answers
292 views

How can one unstuck an unconfirmed transaction with Bither?

I've sent a transaction with the Bither wallet, but accidentally included too little fee. I've since updated my wallet software, so it shouldn't happen again. However, what can I do to speed up the ...
Kevin789's user avatar
1 vote
0 answers
243 views

transacton fees for raw transactions

I'm building a merchant system for a client that will accept payments in bitcoin and send all coins to a cold storage wallet once a week (or month). The system is using a deterministic wallet to ...
Nicos Karalis's user avatar
1 vote
0 answers
823 views

Electrum - using a fixed fee regardless of transaction size

I am using Electrum 2.7.12, and I intend to use the python console to paytomany() while using a fixed fee. I have tried following directions from http://matt.ramuta.me/blog/1419787186410-how-to-write-...
L. Chen's user avatar
  • 11
1 vote
0 answers
44 views

Bitcoin not being recieved even after high transaction fee

https://gyazo.com/61b5ca1bc5a007ba55ffdd37fc8c0db6 Keep sending bitcoins to multiple addresses with bitcoin core but its not getting confirmed... some have been sent months ago. I used a transaction ...
Juan's user avatar
  • 11
1 vote
0 answers
2k views

Change the fee on Multibit

The transactions-fee is set to 0.0001 btc in Multibit classic. Can I set the fee to 0.2 or 0.3 mBTC? Where is the java class that I must change to upgrade the fee? What is the var or const to change?
kensan's user avatar
  • 11
1 vote
0 answers
469 views

Wallet didn't include fee, transaction stuck on unconfirmed

My wallet has always automatically included a transaction fee everytime I do a transaction, but this time it didn't and I dont know why. I did everything like I always do and I haven't changed ...
Blipblop's user avatar
1 vote
0 answers
302 views

Calculation for transaction input-output balling:

To roughly calculate transaction send size in bytes we do: ((numberOfInputs*148)+(numberOfOutputs*34)+10) We want to make a transaction using two inputs of 0.01BTC (Amount to send = 0.015BTC, ...
BENZ.404's user avatar
  • 237
1 vote
0 answers
572 views

Litecoin transaction fee

I have been struggling over the past few days to get some up-to-date information about Litecoin and I keep ending with nothing. To start off, I would like the formula that calculates the required fee ...
Doug Peters's user avatar
  • 1,366