Post
Topic
Board Bitcoin Technical Support
Re: Electrum Transaction Issue: Unconfirmed Parent; Insufficient fee problem
by
xett036
on 13/05/2022, 12:11:16 UTC
Here's the amount of bitcoin I tried to sent

First transaction (Unconfirmed parent): 0.00051675 BTC
Second transaction(Unconfirmed parent): 0.00047 BTC
Third transaction(Unconfirmed): 0.00021227 BTC
The amount doesn't matter. Take the total fees of all of the transactions and divide by their size. For example:

If TX 1 is paying 1000 satoshis in fees, 300 bytes, TX 2 2000 satoshis in fees, 400 bytes, TX 3 4000 satoshis in fees, 400 bytes. Then the effective TX fees across all of the transactions would be 7000/1100: 6.3 satoshis/byte. If the result of your calculation isn't at least 12 satoshis/byte then you probably won't get a confirmation so soon.

Transaction 1 (Unconfirmed parent)

Fees   : 0.00002016 BTC (14.3 sat/vB)
Size:   223 B
Virtual Size: 142 vB

Transaction 2 (Unconfirmed parent)

Fees: 0.00000929 BTC (6.6 sat/vB)
Size:   222 B
Virtual Size: 141 vB

Transaction 3 (Unconfirmed)

Fees: 0.00001008 BTC (7.0 sat/vB)
Size:   225 B
Virtual Size: 144 vB