Thursday 24 August 2017

What happens now? 12 hours and transaction has zero confirmations.


Used Electrum, noticed the default miner fee was like $15 for my $120 payment. Manually adjusted to 90 satoshi per byte, and the calculation based on http://bit.ly/1XoJ0S8 at the time said it would have taken 6 hours max. 12 hours later I have zero confirmation. Couldn't add more fees to the transaction afterward....So what happens now that my transaction isn't being mined?Also, is this a temporary thing ($15 fees), or is this the new thing with Bitcoin, never had issues before with default fees and relatively low miner cost...Thanks via /r/Bitcoin http://bit.ly/2xgrFCy

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