Finally I let Electrum suggest the fee. It estimated that the Tx should be confirmed in about 5 blocks (should be 50 minutes right?)
~
But 9 hours later... no confirmation, still not enough fee? The fee was 0.001, can I speed up the TX by using "Child pays for parent" option in Electrum ?
I kind of want to get this over with...
The
current fee for a fast transaction is 536 sat/byte, you paid 358. It will go through eventually.
I've never used CPFP by myself, you can try it, or just patiently wait for it to confirm. Usually fees drop on Sundays, so if it doesn't happen today, it'll happen tomorrow.
My Bitcoin Core estimates it'll be within 8 hours.
It appears it is now confirmed. (34 confirmations at this point in time).
I find this website useful when trying to decide what fee I want to pay:
https://jochen-hoenicke.de/queue/You can look at recent history with the selectors at the very top of the page:
(2h, 8h, 24h, 2d, 4d, 1w, 2w, 30d, 3m, 6m)
You can filter out the lower fee rates by clicking on the lowest fee rate you want to see in the key on any of the graphs.
As the number of UNCONFIRMED transactions increases in a particular fee range, the band of color for that range widens. Each time a block is solved, you'll see a collapse of the highest fee rate bands of color at that time (as all the transactions at the highest fee rates are generally included in the block and therefore CONFIRMED). You can see if the system is catching up with the backlog of UNCONFIRMED transactions at various fee rates, or if it would be a good idea to bump your fee into a slightly higher range to get confirmed more quickly.