Quote from: Make-A-Buck on May 06, 2019, 06:20:57 PM

Quick question - did mining fees (for executing a BTC transaction) recently skyrocket?
Sent 0.1 BTC (One Tenth of a Bitcoin) from one of my wallets to my coinbase.com BTC wallet address.
I set transaction to process within 10 Blocks & the Minig Fee: was 0.0374815 BTC with BTC @ $5,707.00 = $213.91 USD
https://blockstream.info/tx/5045c32b695df6dd9abc3ef82ed2c82b2aec79b5255f01d5abdb3b50874bd3d5
Needless to say, I nearly fell off my chair when I saw this. In the past transferring 0.1 BTC has only cost a tiny bit like under $5
Thanks to all in advance for any insight into this issue. I'm more than a bit concerned!

As far as I know (not sure how to count inputs?) I did the transaction the exact same way I have done in the past.
I used the SEND tab on Electrum v3.3.4 and entered my coinbase.com BTC address set the BTC to 0.1 and processed it.
I use Electrum v3.3.4 on my laptop and I have no idea what 'kind' of wallet that coinbase.com uses. Do you have any recommendations?
Can I CANCEL the transaction? It was initiated less than an hour ago.
Thanks in advance!

This is not related to Kano pool, you should have asked in the Electrum sub forum area.

Anyways, for Electrum what you do is configure it for fee estimation static, edit fees manually, and then at send time manually set it, for example to 1sat/B when you don't care how long it will take.

You cannot cancel transactions once they have been broadcasted. But you can make it go faster if you let the Use Replace By Fee option enabled, and still have funds in that wallet to add tx fees.

There was a slight traffic increase in the last 24 hours, but if you could have waited like a few hours it would have probably gone thru.

Online wallets like those from an exchange probably won't let you do things like changing the tx fee...