What 1% are you guys are talking about?
I typically pay about 0.15-0.2% to consolidate. First confimation is typically in less than an hour, two hour max.
You just don't use the default settings.
I typically pay about 0.15-0.2% to consolidate. First confimation is typically in less than an hour, two hour max.
You just don't use the default settings.
Kudos. That's why I'm a newbie and you're legendary
LOL, pay just 15 sat/226 bytes (4-5 times less than usual); it works on tx with many inputs OR kano's pool will confirm his own inputs.
I too do not understand this. I assume you are talking about using a trade exchange (tx) instead of a wallet like coinbase? So coinbase might take 1% to consolidate (or when you move to cold storage/buy something with these BTC) because the transactions are so small (by design small BTC transactions have a higher fee percentage to prevent spam). But you are suggesting sending these smaller payouts to an exchange and then consolidate them before sending these to cold storage?
I believe the trick is to include one large sum with all the little sums and send to yourself but I'm using Electrum wallet and even at the slowest/cheapest setting it wants over 1mBTC for the transaction. Think I'll have to download bitcoin core and manually set the servers that process the tansaction. Hopefully someone will tell me what to set them to.