What are Transaction Fees? (that I see in the wallet)

thinkoutside

member

Activity: 70

Merit: 10

Quote from: Kruncha on May 22, 2013, 02:55:15 PM

Hey bob

The fees are added to the block and the miners get them, they are only added if your sending bitcoins comprised of tiny transactions/new. They help get your transaction processed quickly.

K.

+1

Plan3tBob

newbie

Activity: 9

Merit: 0

Quote from: Kruncha on May 22, 2013, 02:55:15 PM

Hey bob

The fees are added to the block and the miners get them, they are only added if your sending bitcoins comprised of tiny transactions/new. They help get your transaction processed quickly.

K.

Nice one thanks, I had no idea that the miners would get a mini amount whilst mining if they mined my transactions.. I just assumed that only the 25 coin per block was the amount miners got.

Quote from: Birdy on May 22, 2013, 03:15:03 PM

If you need more detailed information: http://bitcoinfees.com/

Thanks, I'll take a look at that

Cheers guys,
Bob

Birdy

sr. member

Activity: 364

Merit: 250

If you need more detailed information: http://bitcoinfees.com/

iram9095

newbie

Activity: 57

Merit: 0

Quote from: Kruncha on May 22, 2013, 02:55:15 PM

Hey bob

The fees are added to the block and the miners get them, they are only added if your sending bitcoins comprised of tiny transactions/new. They help get your transaction processed quickly.

K.

1+ Thanks, perfectly explain.

Kruncha

sr. member

Activity: 644

Merit: 250

Hey bob

The fees are added to the block and the miners get them, they are only added if your sending bitcoins comprised of tiny transactions/new. They help get your transaction processed quickly.

K.

Plan3tBob

newbie

Activity: 9

Merit: 0

Hi,

Can anyone confirm what Transactions fees are that I see in my wallet? e.g. I send some coins and I'm charged a Transaction Fee of 0.1 for doing so.

Also.. who gets this fee?

Thanks,
Bob

Topic: What are Transaction Fees? (that I see in the wallet) (Read 486 times)