Post
Topic
Board Bitcoin Discussion
Re: What is wrong with this transaction? (not confirming)
by
steven0021
on 25/01/2017, 04:10:17 UTC
The fee should have been 0.0005/kB, that's the correct number, right?  Can anyone verify Electrum did the math correct?  The person I sent it to said plenty of other people had paid and were confirmed in this time period.  Any thoughts?

https://blockchain.info/tx/d0f672ff289a8317ce2f7f976d5df307ecf680643a35274d37d181f4ff058279

The math is correct. 12900 (fee)/257 (size) = 50.19 satoshi per byte or 0.0005BTC/KB.
But 50 satoshi per byte is not enough to get a fast confirmation. I've seen a tx with 50 satoshi per byte not confirming since yesterday. The recommended fee is more than double that amount according to https://bitcoinfees.21.co/.

You can use https://www.viabtc.com/tools/txaccelerator/ to make a low fee transaction with at least 0.0001/KB confirm within few hours. I already submitted it but that link might be useful for future uses.