There NEEDS to be. I paid 288sato/byte and have 0 confirms after 43 hours.
https://blockchain.info/tx/1b9443770774717959e0294e554c440cff5b81bfe233ad718cd4aa41462b905a
I'll never use BTC again, only alts.
Topic: Unconfirmed transaction time estimator? (Read 93 times)
there is no way to estimate such a thing because when mempool is this huge, there are a lot more transactions that can be confirmed.
all the estimates that you see like saying X satoshi/byte gives you confirmation within 25 blocks is for when there are not 200,000 unconfirmed transactions out there. because there is always more transactions with higher fees and new ones being created.
it is impossible to predict because it is a competition. a block can contain something around 2500 transactions on average (sometimes more, sometimes less). so you can guess how long it can take to clear the mempool assuming no new transaction is created!
all the estimates that you see like saying X satoshi/byte gives you confirmation within 25 blocks is for when there are not 200,000 unconfirmed transactions out there. because there is always more transactions with higher fees and new ones being created.
it is impossible to predict because it is a competition. a block can contain something around 2500 transactions on average (sometimes more, sometimes less). so you can guess how long it can take to clear the mempool assuming no new transaction is created!
Unfortunately there isn't a proper way to get an estimate of how long your transaction is going to take.
This might give you a bit of an idea: https://blockchain.info/charts/avg-confirmation-time
This might give you a bit of an idea: https://blockchain.info/charts/avg-confirmation-time
With all the unconfirmed transactions, looks like over 200,000 right now, is there a way to see where mine ranks? Or an ETA on how many more blocks it should take?
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