How much GAS is required to get your Ethereum transactions processed?

KingScorpio

sr. member

Activity: 1470

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Quote from: VarDiff on December 09, 2017, 10:17:01 PM

4 hours ago:

Gas Limit: 25000
Gas Used By Txn: 21000
Gas Price: 0.000000037 Ether (37 Gwei)
Actual Tx Cost/Fee: 0.000777 Ether ($0.34)

oh now its 0.34 $

last time i checked ethereum was second most efficient blockchain plattform with 0.26$

now compare that with what is possible (waves) wich is 0.005$

this is already enough information to consider market correcture, from ethereum towards other plattforms

this is because of the many etherspeculants.

rajuahmed330

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Quote from: darklighter007 on December 10, 2017, 04:18:05 AM

21000 gas is the default in myetherwallet when sending ethereum or tokens to other wallets but it's hasn't been really functional in the last couple of days due to the increase in transaction load on the Ethereum platform. But I think setting the gas to a figure higher than the default e.g Gas Limit: 31000 usually does the trick.

Yes myetherwallet default gas price is 21000. Its so cool. But of you want to so fast transactions then, you need to grow it. I suggest 27000 to 28000 gas price not bad. Try best.

bmartin44

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Activity: 85

Merit: 100

Quote from: ?? on ??

You can go to https://ethgasstation.info/ to see current recommended Gas prices. Currently, 30 gwei should give you a <5 min confirmation.

Thanks, so that's mean the cryptokitties not so popular now... But I really afraid of 1000 cryptokitties coming soon.... Sad

andrii.povkh

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Quote from: iconoclast on December 09, 2017, 09:52:41 PM

As many of you will know the Ethereum network is having trouble processing transaction because of the increased volume created by CryptoKitties.
If you have had a transaction that processed recently please post how long it took to complete and how much GAS was used.

You can just open completed transactions list and investigate for yourself (https://etherscan.io/txs). Also there are websites which collect and display ethereum network stats, you can go there and check the estimate for your transaction and safe GWEI values (https://ethgasstation.info/). Also check how many transactions are queuing at the moment (https://etherscan.io/txsPending).

okissabam

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Activity: 700

Merit: 250

The last time I put gas on Etherdelta it was around 40 Gwei and I waited around 6 hours for my transaction to go through. Still am currently having problems with the Ethereum blockchain and I do hope it'll be fixed soon.

Konyox

member

Activity: 308

Merit: 10

currently i'm using 31 GWEI and it's take only 30 cents and 2 minute time. not bad

bmartin44

member

Activity: 85

Merit: 100

Actually, I have 2 transaction stucked. Thanks for the info about gas required to go through, I will try at 40+ later.

Phlaser

newbie

Activity: 257

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Quote from: iconoclast on December 09, 2017, 09:52:41 PM

As many of you will know the Ethereum network is having trouble processing transaction because of the increased volume created by CryptoKitties.
If you have had a transaction that processed recently please post how long it took to complete and how much GAS was used.

With 50Gas set on your transactions,you are good to go. Hope the clogging get resolved on time.

cuocsongviet

newbie

Activity: 73

Merit: 0

Normally I use
Gas limit: 210000
Gas price: 60 Gwei

btzajla

newbie

Activity: 50

Merit: 0

I always use 40Gwei, no problem ever

cryqtovn83

full member

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I withdrew from EtherDelta 5 days ago.
And it processed 30 minutes ago with:
Gas Limit: 250000 Gas Used By Txn: 23028 Gas Price: 0.000000004 Ether (4 Gwei) Actual Tx Cost/Fee: 0.000092112 Ether ($0.04) Cumulative Gas Used: 2950033

darklighter007

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FIRST SELF-SUSTAINING CRYPTO INFRASTRUCTURE

21000 gas is the default in myetherwallet when sending ethereum or tokens to other wallets but it's hasn't been really functional in the last couple of days due to the increase in transaction load on the Ethereum platform. But I think setting the gas to a figure higher than the default e.g Gas Limit: 31000 usually does the trick.

marky89

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Quote from: iconoclast on December 09, 2017, 09:52:41 PM

As many of you will know the Ethereum network is having trouble processing transaction because of the increased volume created by CryptoKitties.

It's amazing that these crypto Tamagotchis have clogged the network. Some conspiracy theorists think that it was actually a plot to slow down Ethereum, much like the recent spam attacks in Bitcoin. Similar to Bitcoin, I think the fee market will eventually prevail. People will start to weigh the cost of transactions against priority. They'll start using non-priority fees, making less blockchain trades, batching payments, etc. and we'll find some equilibrium. Eventually, I think sharding will make all of this a non-concern.

Quote from: iconoclast on December 09, 2017, 09:52:41 PM

If you have had a transaction that processed recently please post how long it took to complete and how much GAS was used.

I've had transactions confirm recently with 30-45 gwei, not immediately though. I sent one transaction today with 50 gwei and it was confirmed within a minute. It seems like things are calming down a bit.

jubayerjb25

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I usually use 21000 gas in myetherwallet when sending ethereum or tokens to other wallets but it's not working like before for last few days because of Pressure on Ether platform, i think. But, I get a successful transaction by using below configuration here:

Gas Limit: 31000
Gas Used By Txn: 21000
Gas Price: 0.000000041 Ether (41 Gwei)

btc_angela

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Activity: 2660

Merit: 551

Quote from: cryptogeek101 on December 10, 2017, 02:39:36 AM

Quote from: virtualhero on December 09, 2017, 11:44:13 PM

Quote from: iconoclast on December 09, 2017, 09:52:41 PM

As many of you will know the Ethereum network is having trouble processing transaction because of the increased volume created by CryptoKitties.
If you have had a transaction that processed recently please post how long it took to complete and how much GAS was used.

This CryptoKitties is really a headache in Ethereum network. We use 50 gwei to make sure the transaction won't miss. It's a headache just like bitcoin network specially when you send small amount of ethereum.

Please what is this Cryptokitties stuff that's really causing trouble for us? Is there nothing Ethereum blockchain can do about it. Sudden increase in transaction gas for the benefit of who? We need to understand something.

As far as I know CryptoKitties a cat trading game that runs on Ehereum network. It went viral that's why the ETH network is so clogged that its really hard to transaction now without increasing the GAS. You can compare the slowness and huge transaction fees to the bitcoin network now. Short term solution is to really increase the GAS. Long term? Because its not really practically to used high GAS. But I'm sure this kind of games would last, and it will die down naturally. We just have to wait though till it subsides and see the network back to normal again.

JanEmil

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Community management 24/7 for hire

I use 61 gwei.
Have made around 25 trades with Cats on the network.
All in 4-10 sec.
The price for 61 gwei is around 0.5$ (I don't know anything about it but found a calculator).

Endikadija

hero member

Activity: 1458

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Quote from: iconoclast on December 09, 2017, 09:52:41 PM

As many of you will know the Ethereum network is having trouble processing transaction because of the increased volume created by CryptoKitties.
If you have had a transaction that processed recently please post how long it took to complete and how much GAS was used.

That depends on your transaction. if you are going to send ethereum to another address and I should suggest you to put 30k for gas limit and you can try to increase the gwei to the maximum (it's around 60 gwei)
Remember if you are using mew and 60 gwei should be the maximum input. If you wanna increase the fees and you should try to put the more gas limit. The more gas limit will generate you transaction with high priority and it will be mined for some minutes.

cryptogeek101

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Activity: 798

Merit: 250

homt.net

Quote from: virtualhero on December 09, 2017, 11:44:13 PM

Quote from: iconoclast on December 09, 2017, 09:52:41 PM

As many of you will know the Ethereum network is having trouble processing transaction because of the increased volume created by CryptoKitties.
If you have had a transaction that processed recently please post how long it took to complete and how much GAS was used.

This CryptoKitties is really a headache in Ethereum network. We use 50 gwei to make sure the transaction won't miss. It's a headache just like bitcoin network specially when you send small amount of ethereum.

Please what is this Cryptokitties stuff that's really causing trouble for us? Is there nothing Ethereum blockchain can do about it. Sudden increase in transaction gas for the benefit of who? We need to understand something.

kpierce77

legendary

Activity: 1540

Merit: 1002

I am also aware of it, and I also do anticipation for it. such as setting gas prices to 50 Gwei or more, to minimize pending transactions Grin

Joshua85

member

Activity: 336

Merit: 10

I use 55Gwei, transcaction succesful in 1min

Topic: How much GAS is required to get your Ethereum transactions processed? (Read 446 times)