Cryptocurrency Q&A
What happens if my ETH gas fee is too low?
What happens if my ETH gas fee is too low?
Tommaso
Thu Dec 26 2024
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7 answers
1517
I'm wondering what would occur if the gas fee I set for my Ethereum transaction is insufficient. Would the transaction still go through, or would it face some sort of delay or rejection?
7 answers
HanjiArtistryCraftsmanship
Fri Dec 27 2024
The gas price represents the fee paid to miners for processing a transaction.
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BusanBeautyBlooming
Fri Dec 27 2024
Setting an inadequate gas limit can lead to transaction failure.
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Tommaso
Fri Dec 27 2024
The gas limit determines the maximum amount of computational resources a transaction can consume.
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Nicola
Fri Dec 27 2024
If the gas price is set too low, miners may not find it profitable to include the transaction in their blocks.
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CryptoTamer
Fri Dec 27 2024
This can result in the transaction remaining pending for an extended period, or even indefinitely.
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