Post
Topic
Board Web Wallets
Re: Blockchain is charging high fees - $0.25 for sending 1 Bitcoin transfer
by
marky89
on 27/08/2016, 06:53:15 UTC
Run your own node and send it for free...

How much does it cost to run your own node and how do you go about doing that?

Depends on your situation. If you have a throwaway computer and some spare bandwidth, for instance, it will cost you precisely nothing. However, I don't recommend pushing transactions without fees. It could take days to get a confirmation, and it might just be dropped entirely from the network.

The fact is, reward subsidy is dropping fast, and is really all that is incentivizing miners to secure the network. Fees need to rise a lot in the future to replace the reward subsidy. Get used to it IMO. In the future, LN will probably be quite useful for these pocket change transactions.