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Topic: How to send BitCoins with LOW TX FEE (Not No TX Fee) - page 3. (Read 8317 times)

legendary
Activity: 1890
Merit: 1086
Ian Knowles - CIYAM Lead Developer
Do sendmany

Yes - that is probably the easiest solution.
legendary
Activity: 1498
Merit: 1000
Do sendmany, and I remember when I wrote a faucet software which can be purchase just saying, I did sendmany and had it sent once a day, for the littlest fees possible of 0.0005
legendary
Activity: 1890
Merit: 1086
Ian Knowles - CIYAM Lead Developer
oic - am guessing the best way to avoid fees with a faucet would be to have all its UTXOs being the exact amount as the outputs you wish to send and then just make sure that the wallet is "old" enough so that no tx fees are required at all (and replace wallets with new ones as they get exhausted).
full member
Activity: 196
Merit: 100
Actually, I'm trying to run a BitCoin Faucet/PTC Site.

www.BitHits.info

The fees are becoming ridiculous thou!
legendary
Activity: 1890
Merit: 1086
Ian Knowles - CIYAM Lead Developer
Am guessing you are playing SD or similar?

The problem is that they send you a "dust" UTXO every time that you lose (it contains the minimum fee + 1 satoshi). Once your wallet starts filling up with such dust the standard client has difficulty in working out how to spend it without actually charging you more in tx's fees than the amount you might want to be sending (assuming it is a very small amount you are wanting to send in particular).

There are some solutions to cleaning up such wallet *dust* although my advice would be to avoid gathering the dust in the first place. Smiley
full member
Activity: 196
Merit: 100
How to send BitCoins with LOW TX FEE (Not No TX Fee)

Ideally a fee proportionate to the total input of the transaction.

Clearly this is not possible with official client. Anyone know how this can be done? Can an alternative client do it ? Or perhaps a raw tx from the main? If anyone knows how to do this I would really like to know! (Currently paying 1000% of BTC Transacted just to send the Transaction, Horribly broken system imho)
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