Post
Topic
Board Bitcoin Discussion
Re: Estimate the minimum TX fee to get a tx into thr blocks 420,000 or 420,001!
by
--Encrypted--
on 10/06/2016, 14:07:38 UTC
Title. Ive seen so many bitcointalkers saying they'll make a transaction on the halving block. So how much will it cost to get a tx into this block?

Let's assume -
- The block is full
- There is a high interest to get a transaction into this block
- You are making a 1 input 1 output transaction

I'm going to say a 0.0007-0.001 fee

all of that would be useless unless you know how the number of unconfirmed transactions and the average fee they're paying. for all we know someone might spam 1000 1KB transactions with 0.01 fee each.