Post
Topic
Board Services
Re: Can anyone help get this transaction confirmation?
by
UmerIdrees
on 06/05/2022, 03:14:45 UTC
I didn't know how to calculate that correct cpfp fee however if you take a look at my receiving address of the tx I did try sending multiple txs with higher fees but no luck!
https://www.blockchain.com/btc/address/3Hw4YYxTMbqZax1jEbEcbUswuEKrLKXR82
The two new transactions has been made even lower fees.
The first transaction had been made with the fee rate of 2.7 sat/vbyte. You made the new transactions with the fee rate of 1.13 sat/byte.

Anyways, even if you had made the two new transactions with 1 BTC/vbyte, it wouldn't help your receiving transaction to be confirmed.
You made the two new transactions from the receiving address of the unconfirmed transaction, but you spent different UTXOs. For implementing CPFP, you must spend the UTXO received in the unconfirmed transaction.
The other mistake you did is that you spent significant number of other UTXOs is the same transaction. With doing so, you increase the transaction size and make the CPFP more expensive.


I sent a tx to the receiving address with a 109  BTC/vbyte  today

https://www.blockchain.com/btc/tx/e5486dcf20d771a1b852ec27d6894ba067f5dce7bddf616229afd72671cfc12d

I don't know if it is due to this but your transactions got confirmed finally. Congratulations and for next time better use the default fee.
If you are using too low fee, make sure you need the money and tx to be confirmed urgently.

https://www.blockchain.com/btc/tx/9265d0acdff22eb3d6d8844e4340d3616abd6341a7c6479490d7a4171c0b331d