Blockchain.info - Confirmations takes AGES!

achow101

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Quote from: BigBoom3599 on February 06, 2017, 11:55:53 AM

It's not blockchain.info's fault.

The low fee is entirely blockchain.info's fault. They have something in their software which limits the maximum fee to be 65 satoshis/byte, thus making any transactions made with their wallet have a low transaction fee.

OP, You have a few options here. You can wait and hope it confirms, wait for the transaction to be "forgotten" by the network, or ask a miner to confirm it for you.

For the third option, you can contact the users Quickseller and macbook-air.

Unfortunately you will not be able to attempt a double spend with a transaction that pays a higher tx fee. Blockchain.info does not provide the advanced functionality necessary to do that.

Quote from: BigBoom3599 on February 07, 2017, 01:16:06 PM

Nothing AFAIK, it's even costing the money, because they won't earn as much on TX fees. So I guess they're doing it just out of niceness to the Bitcoin community. And maybe to promote their pool and BU a little

I think they are trying doing this as a PR thing to promote their pool and BU.

BigBoom3599

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Quote from: LFC_Bitcoin on February 07, 2017, 10:27:00 AM

Quote from: onnz423 on February 07, 2017, 02:19:59 AM

Try ViaBTC tx accelerator to confirm the transcation. It is a very useful tool for confirming tx with a small fee for free. TX will get confirmed when you submit txid there and they mine a block.

Why do they provide this free service? What's in it for them?

Nothing AFAIK, it's even costing the money, because they won't earn as much on TX fees. So I guess they're doing it just out of niceness to the Bitcoin community. And maybe to promote their pool and BU a little

LFC_Bitcoin

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Quote from: onnz423 on February 07, 2017, 02:19:59 AM

Try ViaBTC tx accelerator to confirm the transcation. It is a very useful tool for confirming tx with a small fee for free. TX will get confirmed when you submit txid there and they mine a block.

Why do they provide this free service? What's in it for them?

onnz423

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Try ViaBTC tx accelerator to confirm the transcation. It is a very useful tool for confirming tx with a small fee for free. TX will get confirmed when you submit txid there and they mine a block.

brobbel

sr. member

Activity: 966

Merit: 342

Another link to show how transaction fee and transaction time correlates.

https://bitcoinfees.21.co

brobbel

sr. member

Activity: 966

Merit: 342

It's very busy at the network right now: https://blockchain.info/unconfirmed-transactions
At the time I wrote this there were over 45000 unconfirmed transactions, still growing.

For a small payment I received over 2 hours ago, there are still no confirmations, although there is enough on transaction fee.

And ofcourse, when you send it with just a small transaction fee, it will take longer then with a good transaction fee.

Edit: now there are over 43000 unconfirmed transactions, but growing again (5 minutes later...)

BigBoom3599

sr. member

Activity: 462

Merit: 250

It's not blockchain.info's fault. The fee you sent with the transaction was probably too small, it should be atleast 100 sats/byte if you want your tx to confirm in the next few blocks (https://bitcoinfees.21.co). You can try accelerating your transaction with ViaBTC (https://www.viabtc.com/tools/txaccelerator/) which means they'll confirm your transaction for you if they find a block. Except for that it's easiest just to wait it out, and make sure to pay a higher fee next time.

EDIT: Apparently blockchain.info limits their fee to 65 sats/byte so it is their fault. You'll need to get a different wallet if you want fast confirmation times.

simplymieke

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Activity: 238

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In the last two days I noticed it takes ages before my payments I send from my Blockchain.info wallet get confirmations.

Are there more people experiencing this problem?
Any idea what could be causing this?

Topic: Blockchain.info - Confirmations takes AGES! (Read 1206 times)