Bitcoin acceleration services - Fee comparison

Z-tight

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Quote from: Aanuoluwatofunmi on January 20, 2024, 08:51:53 AM

How have you then cope with the time when the transaction fee were high, don't you make transactions or you just deliberately avoid making transactions.

I used to get a lot of luck when the slot for ViaBTC's free acceleration was 100 and when bots had not taken over, but now i don't even try because the chances are so low. Right now the fee rate is not as bad as it was, you just have to make sure not to accumulate too many inputs and if you do, use coin control when spending to reduce the number of inputs.

Quote from: Aanuoluwatofunmi on January 20, 2024, 08:51:53 AM

honestly I don't like it to have bitcoin as something that will be unaffordable by many to make transaction,

Nobody likes it that BTC has become unusable as a payment option, and people now use it when they have no choice but to make the tx.

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Quote from: Z-tight on January 18, 2024, 01:35:01 PM

Quote from: dothebeats on January 18, 2024, 11:32:17 AM

I never really got the chance to use it again since I last used it on the 29th of December since bots are always at it taking the free slots.

I don't even try to use ViaBTC free accelerator anymore, the chances are just slim to none and since fees are not so high right now, i just pay the appropriate fee.

How have you then cope with the time when the transaction fee were high, don't you make transactions or you just deliberately avoid making transactions.

Quote from: Z-tight on January 18, 2024, 01:35:01 PM

Quote from: dothebeats
link=topic=5480657.msg63519165#msg63519165 date=1705595537

Mempool.space offered about $20 to have this transaction pushed, but perhaps I'll just wait until this whole Ordinals thing is done, or still keep trying free accelerators to see if I have any luck with them.

The fee rate attached to your tx is 16 sat/vByte, i think it is going to be a long time before fee rate in the mempool drops to that level. However, the ordinal spammers have taken a little break of late and that is why tx fees have dropped and i don't know if we are going to see an end to this anytime soon.

Maybe we should expect this to last for now while we expect something to serve as a lasting solution to high transaction fee, honestly I don't like it to have bitcoin as something that will be unaffordable by many to make transaction, but with the help of mempool and the viabtc, we could achieve something fare as transaction fee.

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Quote from: FinneysTrueVision on January 19, 2024, 10:56:34 PM

Since ViaBTC's free accelerator doesn't work anymore I tried to use Antpool's paid accelerator yesterday. I didn't have any USDT so I waited until I could make an exchange today to try again but they have now changed the minimum cost you have to pay for an acceleration to $50.

At least their price per vb seems to not have moved, so it's just that they are not really interested in little payments anymore, any larger tx would anyhow go voer the limit.
At 30sat/b they charged 22.15 USDT for 177 vBytes
At 35sat/b they charge 58.30 USDT for 622 vBytes

Quote from: FinneysTrueVision on January 19, 2024, 10:56:34 PM

Bitaccelerate recently launched a premium acceleration service although there aren't much details on which pools they are partnering with.
https://bitaccelerate.com/premium

Hmmm..they change Fiat amount: $186.00 for what antpool charges $60 so , combined with this:

Quote

1.2. Refund Exclusions
- We do not refund if another pool mines the transaction before ours.

u get the idea Grin

dothebeats

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Quote from: hosseinimr93 on January 19, 2024, 03:13:11 AM

Quote from: dothebeats on January 18, 2024, 05:19:28 PM

That's stupid on my part to include dust on the transaction. Even ViaBTC's free accelerator won't accept this transaction in their service. It may even take a month or two before this transaction gets confirmed, or I might have to accept defeat and get a paid service accelerate it for me and just blow whatever remains of that $100 transaction.

You don't have to use an accelerator for your transaction.
The fee rate you used for your transaction is below the purging fee rate of any node with default mempool size. This means that there are many nodes that don't have your transaction in their mempool.
You can import your wallet into electrum, try connecting to different servers until you find a one that doesn't have your transaction in its mempool and then make a new transaction.

The thing is, this wallet is Bitcoin Android Wallet which cannot be imported to another wallet as far as I know. I tried looking for other methods to import the private key to another client but with no luck. I was already on to it when I realized I screwed up but lo and behold, this particular wallet is a hermit that does not want to outgrow its own shell, hence why I rely on rebroadcasting the tx and looking to get it accelerated for a fee eventually.

EDIT: This has since been resolved. I managed to follow the steps in this topic and restored my wallet to Electrum.

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Since ViaBTC's free accelerator doesn't work anymore I tried to use Antpool's paid accelerator yesterday. I didn't have any USDT so I waited until I could make an exchange today to try again but they have now changed the minimum cost you have to pay for an acceleration to $50.

Quote from: hosseinimr93 on January 12, 2024, 03:31:26 AM

Quote from: dothebeats on January 11, 2024, 06:25:37 PM

There is also BitAccelerate for those who wants to take a shot in using a free accelerator service. Though with my experience on this service, they aren't as quick as ViaBTC or Antpool's.

Bitaccelerate don't accelerate your transaction at all. They only rebroadcast your transaction and that's different from accelerating.

Bitaccelerate recently launched a premium acceleration service although there aren't much details on which pools they are partnering with.
https://bitaccelerate.com/premium

hosseinimr93

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Quote from: dothebeats on January 18, 2024, 05:19:28 PM

That's stupid on my part to include dust on the transaction. Even ViaBTC's free accelerator won't accept this transaction in their service. It may even take a month or two before this transaction gets confirmed, or I might have to accept defeat and get a paid service accelerate it for me and just blow whatever remains of that $100 transaction.

You don't have to use an accelerator for your transaction.
The fee rate you used for your transaction is below the purging fee rate of any node with default mempool size. This means that there are many nodes that don't have your transaction in their mempool.
You can import your wallet into electrum, try connecting to different servers until you find a one that doesn't have your transaction in its mempool and then make a new transaction.

dothebeats

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Quote from: Z-tight on January 18, 2024, 01:35:01 PM

Quote from: dothebeats on January 18, 2024, 11:32:17 AM

I never really got the chance to use it again since I last used it on the 29th of December since bots are always at it taking the free slots.

I don't even try to use ViaBTC free accelerator anymore, the chances are just slim to none and since fees are not so high right now, i just pay the appropriate fee.

Yes, right now everything seems to be pretty calm, especially in the afternoon in the West. Since I got this stupid transaction out, I made sure that I am paying the right fee and not including any dust outputs. Crazy how I was able to get a transaction with a very low amount just a few months back, and now I have to refer to mempool.space to check what is the most economical fee I could pay to get transactions going Cheesy

Quote from: Z-tight on January 18, 2024, 01:35:01 PM

Quote from: dothebeats on January 18, 2024, 11:32:17 AM

Mempool.space offered about $20 to have this transaction pushed, but perhaps I'll just wait until this whole Ordinals thing is done, or still keep trying free accelerators to see if I have any luck with them.

The fee rate attached to your tx is 16 sat/vByte, i think it is going to be a long time before fee rate in the mempool drops to that level. However, the ordinal spammers have taken a little break of late and that is why tx fees have dropped and i don't know if we are going to see an end to this anytime soon.

That's stupid on my part to include dust on the transaction. Even ViaBTC's free accelerator won't accept this transaction in their service. It may even take a month or two before this transaction gets confirmed, or I might have to accept defeat and get a paid service accelerate it for me and just blow whatever remains of that $100 transaction.

Z-tight

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Quote from: dothebeats on January 18, 2024, 11:32:17 AM

I never really got the chance to use it again since I last used it on the 29th of December since bots are always at it taking the free slots.

I don't even try to use ViaBTC free accelerator anymore, the chances are just slim to none and since fees are not so high right now, i just pay the appropriate fee.

Quote from: dothebeats on January 18, 2024, 11:32:17 AM

Mempool.space offered about $20 to have this transaction pushed, but perhaps I'll just wait until this whole Ordinals thing is done, or still keep trying free accelerators to see if I have any luck with them.

The fee rate attached to your tx is 16 sat/vByte, i think it is going to be a long time before fee rate in the mempool drops to that level. However, the ordinal spammers have taken a little break of late and that is why tx fees have dropped and i don't know if we are going to see an end to this anytime soon.

dothebeats

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Quote from: AB de Royse777 on January 13, 2024, 09:53:00 AM

Quote from: dothebeats on January 11, 2024, 06:25:37 PM

I used to just rely in ViaBTC's free accelerator for some of my transactions just a few weeks back. It's a shame that they feel the need to reduce the slots in the free service and move forward with their paid accelerators.. Oh well, they have the machines anyway.

It used to be 100 free accelerations per hour. Did they reduce it? The browser I am trying to load the site is giving an error and the data are not loading to check it myself.

It's now sitting at 20 free accelerations per hour, a far cry from where we're standing before. I never really got the chance to use it again since I last used it on the 29th of December since bots are always at it taking the free slots.

Quote from: AB de Royse777 on January 13, 2024, 09:53:00 AM

Quote from: stompix on January 06, 2024, 12:54:28 PM

- Viabtc offers free slots but has the highest paid acceleration fee

It is true. I once tried their paid acceleration and I was frustrated. The paid acceleration fees are not reasonable.

I went and checked a stuck transaction I have for 3 weeks (though stupid on my part, I tried adding that dust into the transaction) and was amazed that they were asking $108 worth of crypto to accelerate the transaction. Mempool.space offered about $20 to have this transaction pushed, but perhaps I'll just wait until this whole Ordinals thing is done, or still keep trying free accelerators to see if I have any luck with them.

stompix

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Quote from: AB de Royse777 on January 13, 2024, 09:53:00 AM

It used to be 100 free accelerations per hour. Did they reduce it? The browser I am trying to load the site is giving an error and the data are not loading to check it myself.

https://bitcointalk.org/index.php?topic=5479485.60
Down to 20! Also don't try to refresh it too much, you'll get an autoban, especially if you're on a VPN.

And you nee to paste the tx after the 00:00 and hit the button, it doesn't count like before the moment you solved the captcha, so you can't have it all ready by the exact 00 and just then press the button. You need to both paste the tx and solve the captcha after that, if you're not on a desktop and fast internet you have no real chances, just the loading time on my mobile (on 5G) is a turn-off.

Quote from: AB de Royse777 on January 13, 2024, 09:53:00 AM

It is true. I once tried their paid acceleration and I was frustrated. The paid acceleration fees are not reasonable.

If ever needed, use antpool!
I randomly picked a 1 input ~100 output tx out of the mempool and the resultsa re liek this:
Antpool:

Quote

Transaction volume:4411 vBytes = (4411 + 0) vBytes
Acceleration price:531.17 USDT

Viabtc:

Quote

4411 Bytes = (4411 + 0) Bytes
0.0423456 BTC ≈ 1811.15

Of course it's bigger than what you probable have but it's still 300% more expensive!

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Quote from: dothebeats on January 11, 2024, 06:25:37 PM

I used to just rely in ViaBTC's free accelerator for some of my transactions just a few weeks back. It's a shame that they feel the need to reduce the slots in the free service and move forward with their paid accelerators.. Oh well, they have the machines anyway.

It used to be 100 free accelerations per hour. Did they reduce it? The browser I am trying to load the site is giving an error and the data are not loading to check it myself.

Quote from: stompix on January 06, 2024, 12:54:28 PM

- Viabtc offers free slots but has the highest paid acceleration fee

It is true. I once tried their paid acceleration and I was frustrated. The paid acceleration fees are not reasonable.

hosseinimr93

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Quote from: stompix on January 12, 2024, 04:47:17 AM

it's a rebroadcast system, if your tx has such a low fee that it's going to be purged by nodes then there is no chance in hell it would get confirmed, it would be at least 100 block under , so what's the point? Actually since they don't ask for a fee, what's the point of that website also?

It seems that they themselves don't know what accelerating means and how that's different from rebroadcasting.
Their website name suggests that it's an accelerating service. They say "BitAccelerate is a free Bitcoin transaction accelerator" and then they say "Our service will rebroadcast the transaction via 10 Bitcoin nodes."

stompix

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Quote from: hosseinimr93 on January 12, 2024, 03:31:26 AM

Quote from: dothebeats on January 11, 2024, 06:25:37 PM

There is also BitAccelerate for those who wants to take a shot in using a free accelerator service. Though with my experience on this service, they aren't as quick as ViaBTC or Antpool's.

Bitaccelerate don't accelerate your transaction at all. They only rebroadcast your transaction and that's different from accelerating.

I really don't understand why some still use BitAccelerate it says there clearly:

Quote from: Synchronice on January 11, 2024, 11:19:56 AM

Cheap marketing? Huh. I assume, highest percentage of smart people make RBF-enabled transactions, so, there you have a majority of people who have no idea about RBF and correct transaction fees. This marketing is aimed towards those people to give them a false sense of discount and motivate them to accelerate transaction on Binance immediately.

Yeah, cheap marketing!
Because it's not a product on a market , it's not like you're offering a pepsi bottle 50 cents cheapen than the shop next door, it's not like selling a phone that was 1000 yesterday for 900 now! It's a sum that fluctuates according to the mempool congestion, so saying you offer a discount to a non existent prior price is just garbage!

hosseinimr93

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Quote from: Synchronice on January 11, 2024, 11:19:56 AM

Not related to this but how is that some transactions are full-RBF enabled while actually sending from a non-rbf enabled wallet?

Full RBF is a setting for nodes. If a node has enabled full RBF, it treats all transactions as RBF-enabled and accept the replacement transaction, even if the original transaction has not flagged as RBF.
If you have a non-RBF transaction and you want to replace that with a new transaction, you should broadcast your transaction from a node that has enabled full RBF.

Quote from: dothebeats on January 11, 2024, 06:25:37 PM

There is also BitAccelerate for those who wants to take a shot in using a free accelerator service. Though with my experience on this service, they aren't as quick as ViaBTC or Antpool's.

Bitaccelerate don't accelerate your transaction at all. They only rebroadcast your transaction and that's different from accelerating.

dothebeats

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I used to just rely in ViaBTC's free accelerator for some of my transactions just a few weeks back. It's a shame that they feel the need to reduce the slots in the free service and move forward with their paid accelerators.. Oh well, they have the machines anyway.

I currently rely on Samourai Wallet's RBF feature. So far I don't feel the need to use it, because I've been overpaying my transactions ($7.54 from a transaction 3 days ago) just to make sure it gets confirmed and not lost on limbo. Binance's accelerator is good, too, but like what other users have mentioned, the requirement to have a KYC'd account with them might deter other people from utilizing the said service.

Antpool it is, for the meantime. There is also BitAccelerate for those who wants to take a shot in using a free accelerator service. Though with my experience on this service, they aren't as quick as ViaBTC or Antpool's.

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Quote from: stompix on January 06, 2024, 12:54:28 PM

- Binance is the most annoying one, not only they don't show the charge in $ but also do this

discount, lol, what's this the fireworks isle after 4th of July to offer discounts? Really cheap marketing tactic!

Cheap marketing? Huh. I assume, highest percentage of smart people make RBF-enabled transactions, so, there you have a majority of people who have no idea about RBF and correct transaction fees. This marketing is aimed towards those people to give them a false sense of discount and motivate them to accelerate transaction on Binance immediately.

I remember, Binance had a different payrate for VIP members according to their VIP level but I checked it right now and there seems to be only one rate for everyone.

Not related to this but how is that some transactions are full-RBF enabled while actually sending from a non-rbf enabled wallet?

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Quote from: stompix on January 11, 2024, 03:45:08 AM

Quote from: tabas on January 10, 2024, 06:14:14 PM

I have experienced using Binance acceleration with one of my transaction that has stucked for a long time, I have to do it since I just wanna try it out and it charged me like $20 for the acceleration. The website is directing people to their telegram contact and that's how I contacted them and gave my TXID and it has estimated how much I need.

For real? It's not fully automated?

Before it wasn't like that image that you've posted when you just have to paste the TXID and it will calculate the fee. I didn't see that process several months ago so maybe it was already updated or I just can't vividly remember if it was there.

But this was the process that I was able to encounter when I've used them, it was manual. I've messaged on that telegram account based on the instruction they have for mining/acceleration and they were the one to estimate how much I'll pay as they replied back.

Quote from: https://www.binance.com/en/feed/post/647071

Step 4: Users who are agreeable to paying the estimated cost can then proceed to speed up the confirmation of the transaction at the Bitcoin network by reaching out to their respective Binance Pool Business Development managers if they are a VIP 1-9 user, or contacting the Binance Pool team via Telegram (@BinancePoolAccelerator) if they are a regular user.

I can't find the message or the conversation that we've got on Telegram, maybe they have deleted or cleared the history already. There are the other steps from step 1-4, my memory isn't so good nowadays but prolly I just shortcut and jumped to step 4 but it did worked.

stompix

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Quote from: EarnOnVictor on January 09, 2024, 05:32:34 AM

Guys are not even replying towards what I see here, and one thing peculiar to all these acceleration services is that they are merely ripping people off their money, the monopolistic system of Bitcoin in favour of the miners is too much and gives room to such.

I can't wait till there will be no block reward and nobody wiling to pay fees in a protest to these evil miners!
Love how everyone wants cheap fees, fast transactions, security against an attack, whole decentralization, but at the end of the wishlist it's still willing to pay one cent and not a penny more. Btc() com lost 2.6 million last year, riot went into bankrupcy protection, nobody cared, but god forbid they would make money out of this after putting in million.

Quote from: EarnOnVictor on January 09, 2024, 05:32:34 AM

This is entirely a business for them, they don't care about anybody or the network, a system of win-win deal for these guys in a situation where there is no good option which makes it so annoying.

Well everyone is free to mine without making it a business.
So the community will simply need to buy either the business of those mining farms or build their own by ..investing $9 billion in 3 million S21 and some 9GW, then the chain will run on something that is not a business consuming unicorn farts as it's mining blocks!

Quote from: tabas on January 10, 2024, 06:14:14 PM

I have experienced using Binance acceleration with one of my transaction that has stucked for a long time, I have to do it since I just wanna try it out and it charged me like $20 for the acceleration. The website is directing people to their telegram contact and that's how I contacted them and gave my TXID and it has estimated how much I need.

For real? It's not fully automated?

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I have experienced using Binance acceleration with one of my transaction that has stucked for a long time, I have to do it since I just wanna try it out and it charged me like $20 for the acceleration. The website is directing people to their telegram contact and that's how I contacted them and gave my TXID and it has estimated how much I need. I just obliged since I've been waiting for that transaction to get confirmed for a very long time, you won't believe it because I made a mistake for broadcasting it until it didn't hit the fee that I've set. I'm not sure if I'll use them but did helped me though.

Z-tight

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Quote from: EarnOnVictor on January 09, 2024, 05:32:34 AM

No wonder they will never pray for the network to be at peace so that they can only honour the high fees and make life miserable for Bitcoin users, especially those whose transactions are stuck and who still would want to use the accelerator service but will be discouraged by even a higher fee. This is madness if people are not so concerned about it.

Complain about the people making ordinals transactions and causing congestion in the network, miners are offering a service to the BTC community and they have to be paid for it. They mined tx's when the fee rate was ~ 1-2 sats/vByte, and you can't complain now that fee rate has gone high, which by the way is no fault of miners.

Quote from: EarnOnVictor on January 09, 2024, 05:32:34 AM

This is entirely a business for them, they don't care about anybody or the network, a system of win-win deal for these guys in a situation where there is no good option which makes it so annoying. Nowhere to run to by common guys who are not rich but I don't think this is what Satoshi wanted for the network/system. They've taken hold of this system back to back, milking deeply. It is so sad.

Mining is a business, miners buy gears, pay for electricity and maintenance, all of these cost money. It is worth mentioning that miners do not fix the fee rate in the network, so i am shocked how people try to blame miners. Satoshi wanted a free network and that's what we have, anyone can buy gears and become a miner, anyone can also attach any amount they want to their tx, but if others outbid you, then you have to wait.

Topic: Bitcoin acceleration services - Fee comparison (Read 548 times)