17410742 on Nostr: 1st experience with Jam was Great! Inc regular miner fee (high priority Sat/vb), my ...
1st experience with Jam was Great!
Inc regular miner fee (high priority Sat/vb), my total fee cost was 1.68% of my balance for an 8 collaboration transaction straight into Cold Storage💪
Obviously most of this fee was the regular transaction fee so a Low/Med mempool priority would have lowered the cost further, but for my first time, wanted it done fast.
SUMMARY
- 2 minutes to leave Jam Balance
- 16 minutes for first mempool confirmation
- 1.68% total transaction fee (Jam collaboration+Miner fee)
⚠️ Don’t use the Sweep Feature, it’s experimental for a reason I guess - I tried it for science & got burned 🥵
#Bitcoin
Published at
2024-05-06 01:56:11Event JSON
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"pubkey": "1f4af9e048efdf9a4d1bafafebdce9689200199ab5555eb881f4a03a75cf9f61",
"created_at": 1714953371,
"kind": 1,
"tags": [
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"blurhash e04emBofITRjxuM{j[IUWBWBRjayt7ofj[%Mayt7of%M9FfQM{fQ%M",
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[
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[
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"content": "1st experience with Jam was Great!\n\nInc regular miner fee (high priority Sat/vb), my total fee cost was 1.68% of my balance for an 8 collaboration transaction straight into Cold Storage💪\n\nObviously most of this fee was the regular transaction fee so a Low/Med mempool priority would have lowered the cost further, but for my first time, wanted it done fast.\n\nSUMMARY\n- 2 minutes to leave Jam Balance \n- 16 minutes for first mempool confirmation \n- 1.68% total transaction fee (Jam collaboration+Miner fee)\n\n⚠️ Don’t use the Sweep Feature, it’s experimental for a reason I guess - I tried it for science \u0026 got burned 🥵 \n\n#Bitcoin https://image.nostr.build/b1cf8033f5a0d8e3513c4582a875b60f32b3f4da736f33e7871e52a299240fe4.jpg https://image.nostr.build/aba03c287feee9e4cb500bf9d8b87f2ae4cb6a4afc508868f5576586157fa686.jpg ",
"sig": "1a33bbd9e78ce521e0414fbccaf88796efb6163094a3b4c1e270bacd49acd7402d17c8cb2fa20fd8bd3957f4eda7d72c36f65ad1c5fc8fe1e24d054c534bac03"
}