Author

Topic: Private Key Importing (Read 719 times)

legendary
Activity: 2058
Merit: 1431
April 08, 2014, 03:04:06 PM
#4
Thanks for the reply. Before I change my importing scheme, do you have a rough estimate of the import speed increase using pywallet. If it takes 8-10 minutes using bitcoind, do you have a rough estimate of how long it will take for pywallet... 5 minutes? Also, if I stay using bitcoind, can I upgrade my hardware to increase speed? Thanks again!
I remember a topic there was a topic that discusses the time of pywallet vs json-rpc commands, and pywallet was considerably faster but I don't have the link. The limiting factor when importing is probably the hard drive because of the wallet database transactions (assuming you're not rescanning after every key imported).
newbie
Activity: 9
Merit: 0
April 08, 2014, 11:03:18 AM
#3
Thanks for the reply. Before I change my importing scheme, do you have a rough estimate of the import speed increase using pywallet. If it takes 8-10 minutes using bitcoind, do you have a rough estimate of how long it will take for pywallet... 5 minutes? Also, if I stay using bitcoind, can I upgrade my hardware to increase speed? Thanks again!
legendary
Activity: 2058
Merit: 1431
April 08, 2014, 10:14:05 AM
#2
Some users report slowness when bitcoind is holding 200000+ keys. The fastest way to import is to use pywallet.
newbie
Activity: 9
Merit: 0
April 08, 2014, 09:39:26 AM
#1
Hello, I have running bitcoind on Ubuntu 12.04 LTS with dual core AMD 3.6 GHz. When I import a private key its takes roughly 8-10 minutes for it to finish. What is limiting this speed, CPU? If I were to purchases a top of the line Intel i7 say, could I reduce that time it takes to import? Any other suggestions to increase this speed?

Also, how many private keys can a bitcoin server wallet safely handle before possibly becoming unstable?

I am using a bulk wallet generator to pre-generate lots of public/private key pairs. I import the corresponding private keys when the funds are needed. Eventually there could be thousands of imported private keys.

Thanks for all the help.
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