TL;DR - Where did I go wrong with this transaction? It's been 18hrs with 0 confirmations despite showing high priority: http://bit.ly/2gpEoe4
I dabbled with mining bitcoins for fun a couple of years back and then kind of forgot about it. It came up in conversation recently so I decided to use the small amount I made back then try out cloud mining.
After hours of getting everything setup again (using Armory) I placed the order and sent the bitcoins through from my Armory wallet. 18 hours later and the transaction is yet to be confirmed despite showing as high priority. Other similar value, similar fee transactions have been confirmed
I've done a bunch of reading online and it appears that things are more complicated now than they used to be despite nothing really changing. Satoshi's were not a thing when I first started mining, nor do I remember having to be concerned about the bytes/fee ratio.
Anyway, from my reading most issues seem to come from:
- 1. Spending unconfirmed incoming coins (doesn't apply, my coins were confirmed in 2014).
- 2. Too small a free (most likely cause as I used the default BTC 0.0001 fee within Armory)
I was wondering if because my coins were confirmed so far back in the chain and I've been inactive since that this might be slowing things down?
Just asking for a bit of advice really to understand why it would be taking this long and how to prevent it in future (higher fee?)
Submitted November 24, 2016 at 08:16PM by Longsh07 http://bit.ly/2fuTEI7
No comments :
Post a Comment