Topic: Larger than 0.0001 fee on less than 1kb transaction? (Read 564 times)

Foxpup

legendary

Activity: 4494

Merit: 3178

Vile Vixen and Miss Bitcointalk 2021-2023

Quote from: strideknight on February 07, 2014, 02:52:19 PM

then move the 0.00004 to a different account

Not going to happen. The minimum output is BTC0.00005430, and you can't send less than that*. That includes change. If your change would be less than the minimum, it is added to the fee instead.

*You can send amounts less than the minimum by reducing minrelaytxfee, however such transactions are non-standard and many miners will not mine them, so it may take a very long time to confirm.

strideknight

newbie

Activity: 38

Merit: 0

Hey, I'm trying to figure this out and any help would be appreciated:
If you take a look at https://blockchain.info/tx/8b48f30c51aa24833789e9964e3952b8c9cbaa8966c29b65dc9e23229349e437
I'm setting up a website to process coins coming in/out, so I had received 0.01014, and tried to send 0.01 to the new address, with a tx fee of 0.0001, then move the 0.00004 to a different account
eg:
$coin->settxfee(0.0001);
$tx = $coin->sendfrom(ACCOUNT,ADDR,0.01);
$move = $coin->move(ACCOUNT,FEES,0.00004);

As you can see from the blockchain tho, it took 0.00014 as the fee, which at 192 bytes it seems like it should've taken the minimum right?

These funds weren't aged at all and were immediately sent on, so I'm not sure if thats part of the problem?

Thanks for any help, I'm really at a loss.

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