Can I pay a miner to confirm an unconfirmed transaction?

PrivateWorld

newbie

Activity: 12

Merit: 0

Quote from: DannyHamilton on December 05, 2013, 03:49:59 PM

Quote from: PrivateWorld on December 05, 2013, 11:54:12 AM

Can I after-the-fact find a miner willing to confirm it? Pay him a small fee for doing so?

Anything like that exist?

It amazes me that mining pools haven't implemented this (or "child pays for parent") yet.

They are all paranoid about losing profitability to the extremely small orphan cost of adding low fee transactions, and yet they are all leaving significant sums of BTC unclaimed because of a bad case of tunnel vision.

Yeah, as I posted it I was wondering if there was enough of a demand to make it worth somebody's time to offer that as a service.

DannyHamilton

legendary

Activity: 3472

Merit: 4801

Quote from: PrivateWorld on December 05, 2013, 11:54:12 AM

Can I after-the-fact find a miner willing to confirm it? Pay him a small fee for doing so?

Anything like that exist?

It amazes me that mining pools haven't implemented this (or "child pays for parent") yet.

They are all paranoid about losing profitability to the extremely small orphan cost of adding low fee transactions, and yet they are all leaving significant sums of BTC unclaimed because of a bad case of tunnel vision.

PrivateWorld

newbie

Activity: 12

Merit: 0

Thanks for the info.

Looks like the miners fee was 0.001 BTC on a 6BTC transaction.

The estimated confirmation time has gone from 12 minutes to 20 minutes, I guess that is transactions with higher fees being jumped?

DeathAndTaxes

donator

Activity: 1218

Merit: 1079

Gerald Davis

Quote from: Barek on December 05, 2013, 12:07:35 PM

Quote from: grue on December 05, 2013, 12:03:20 PM

Get the sender to pay at least 0.005 BTC per kB in transaction fees.

That seems like overkill, when the minimum fee is 0.0001. Is the guide outdated?

Yes that is out of date.

The min fee of 0.1 mBTC is fine. However remember it is 0.1 mBTC PER KB. The total tx fee is unimportant.

Barek

full member

Activity: 168

Merit: 100

Quote from: grue on December 05, 2013, 12:03:20 PM

Get the sender to pay at least 0.005 BTC per kB in transaction fees.

That seems like overkill, when the minimum fee is 0.0001. Is the guide outdated?

Barek

full member

Activity: 168

Merit: 100

Afraid not. It has been talked about though. Maybe it's going to be part of the fee overhaul, but that's not going to help you now.

You can hunt down the transaction on blockchain.info. Just start from your address (https://blockchain.info/address/) and click the transaction. It will give you an estimate how long it will take for confirmation.

grue

legendary

Activity: 2058

Merit: 1452

Yes https://bitcointalksearch.org/topic/faq-all-about-unconfirmed-0-confirmation-transaction-fee-read-before-posting-232979

PrivateWorld

newbie

Activity: 12

Merit: 0

I sent some BTC out from blockchain over an hour ago and realize that maybe I didn't set the miner's fee (for some reason I thought blockchain automagically scaled in a miner's fee because I've never had this problem before).

Can I after-the-fact find a miner willing to confirm it? Pay him a small fee for doing so?

Anything like that exist?

Topic: Can I pay a miner to confirm an unconfirmed transaction? (Read 855 times)