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Topic: Why blockchain charging charging high miner fee (Read 531 times)

member
Activity: 68
Merit: 10
Simple, because there are many inputs in your transaction. So, the transaction size become bigger & blockchain.info increase the transaction fee, so your transaction can be confirmed.
You can reduce the fee manually, but it will take longer time to get confirmed

So how to avoid this so it should not take many inputs, is there any way?

I always use the custom send. You can manually change the fee in there and even set it to no fee if you wish. This may take a very long time to confirm however, or if there's a lot of inputs and you're sending dust it might not confirm at all and get sent back to you wallet.
full member
Activity: 168
Merit: 100
ok thanks all
legendary
Activity: 2422
Merit: 1451
Leading Crypto Sports Betting & Casino Platform
That's because of the size of your transaction. Blockchain.info gives you an option to add a stable fee, and even smaller fees than 0.0001 would get your transactions confirmed quickly. If you set your wallet choosing your fee depending on the size of your transaction you might end up with transactions like that. Supposedly, this helps the transaction get picked up at the same time as a smaller one would be picked by the miners.
legendary
Activity: 1764
Merit: 1000
Simple, because there are many inputs in your transaction. So, the transaction size become bigger & blockchain.info increase the transaction fee, so your transaction can be confirmed.
You can reduce the fee manually, but it will take longer time to get confirmed

So how to avoid this so it should not take many inputs, is there any way?

use the advanced function. you can choose to only use 1 address and set a custom fee.
full member
Activity: 168
Merit: 100
Simple, because there are many inputs in your transaction. So, the transaction size become bigger & blockchain.info increase the transaction fee, so your transaction can be confirmed.
You can reduce the fee manually, but it will take longer time to get confirmed

So how to avoid this so it should not take many inputs, is there any way?
full member
Activity: 168
Merit: 100
Hi All,

Can anyone let me know why blockchain charging such a high miner fee of 0.0012 when i made a transfer of 0.03

https://blockchain.info/tx/c250fb65e79c1e6da45d599ba6b37f75d69e6594a9409b39a5919373d3048a7a

Thanks in advance
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