Post
Topic
Board Development & Technical Discussion
Re: Bitcoin long confirmation even if txconfirmtarget=1
by
bob123
on 09/09/2018, 13:02:12 UTC
I send a transaction via bitcoind configured with txconfirmtarget=1,
even if those parameter I dont get confirmed even in 30 minutes ?

txconfirmtarget=X guesses the required fee to get your TX included within the next X blocks.
While blocks are generated at a rate of 6 per hour, this is just an average value.

The time between two blocks can differ between a few seconds to multiple hours. You are never guaranteed to get a confirmation within Y minutes.



Fee size is OK

Quote
Fee per byte   19.329 sat/B

Actually the fee is pretty high.
I would suggest to visit https://jochen-hoenicke.de/queue/#1,8h to check the current status of the mempool.

If you need it to confirm as fast as possible during such spikes, such a fee unfortunately is necessary.
But if you can wait 2-3 blocks, 2 sat/B would have been enough (thats ~1/20 of your current fee).