Post
Topic
Board Pools
Re: [25 PH] ** 5x AVALON6 GIVEAWAY ** Kano CKPool (kano.is) [0.9% PPLNS] US,DE,SG,JP
by
philipma1957
on 23/02/2016, 19:01:54 UTC

https://blockchain.info/tx/df60741e004f63c13d07eb422f89b3fbc1a2b270cccd35c05d0daeb35af5f20f

now 10 blocks have skipped the .0013 fee transaction due to it having 52 small parts of coin and 3 big parts.
thus 55 parts of coin which takes up space so it gets skipped.


even though the fee is .0013 I got skipped here  for this block.

These funds were sent to me and there are 3 big parts in the send  about  7.5  and 52 small parts around 0.05

This is tough as small payments take up space and the large fee of .0013 is not big enough.


55 pennies is large fee to send $4,400 ?
Last week I spent $46.00 to wire $1,700 at the bank.
Sticking to .0001 per kb should still assure relatively fast acceptance.


 

First off I understand the fee mechanism, but many don't..  

  Many people think 0.0001 or 0.0002 just works.

 From your post I am inclined to think you realize BTC size means nothing kb size means everything.

So a          1 btc send consisting of 75 x 0.02  is expensive to send.                 0.0013 is too small
While a 25.2 btc send consisting of a confirmed virgin block is cheap to send.   0.0004 will do the trick almost everytime

The problem is a lot of people don't understand this.
Most people do not understand that btc amount means nothing.
Here is one of my kano.is payment addresses:

it has .20453225 in it

https://blockchain.info/address/16yLHLoeyuCLPMXkVpC3gyrRYvwRGwjKJr

that is from 1 avalon6 and is the last 20 rewards from kano.is pool

to empty this and send to someone  will cost 0.0004 to 0.0006  due to the fact it is 20 payments or so.

.204 is under 90 bucks  and this is why I would like 1 payment a day since it would be 6 payments not 20 plus  and sending the coins out would be

0.0002 or 0.0003 tops.