Digital Currency

20 articles in this collection
Written by Will Binns
Bitcoin Transactions and Fees

How do I calculate my transaction fee?

You can get realtime transaction fees calculated for you on the Bitcoin Fees website. If you are interested in how those numbers are...
Written by Will Binns
Updated over a week ago

When will my transaction be confirmed?

Calculating when a transaction will be confirmed can be difficult as there are several factors at work: 1. The fee per byte your...
Written by Will Binns
Updated over a week ago

What fee should I pay?

Some wallets come with the ability to estimate an appropriate fee, which is the best way to choose what fee to pay (see the next...
Written by Will Binns
Updated over a week ago

What happens when a fee is too low?

To figure out if your fee is to low, follow the fee per byte instructions. When you look at the right-side of the table, if the time...
Written by Will Binns
Updated over a week ago

What can be done to make an unconfirmed transaction become confirmed, faster?

At present, there isn't much normal users can do to speed up the time it will take an already-sent transaction to confirm. However...
Written by Will Binns
Updated over a week ago

What happens if my transaction is never confirmed?

Once a transaction is sent, there is no guaranteed way to unsend it. If that transaction is never confirmed, you will need to resend...
Written by Will Binns
Updated over a week ago

What wallets automatically estimate appropriate fees?

The following list is not complete and Earn.com has not verified that these wallets set appropriate fees but we've heard good things...
Written by Will Binns
Updated over a week ago

How to look up what fee per byte your transaction paid

In your wallet, open the detail view of transaction you want look up. On desktop wallets, you can usually do this my right-clicking on...
Written by Will Binns
Updated over a week ago

How to look up whether your transaction spent an unconfirmed output

When you create a normal Bitcoin transaction, you spend money you previously received. One of Bitcoin's rules is that the transaction...
Written by Will Binns
Updated over a week ago

How to figure out whether your transaction pays more than the dust limit

Most nodes won't relay transactions that pay any output fewer satoshis than what is called the "dust limit", and miners also...
Written by Will Binns
Updated over a week ago