Documentation exported from Bitcoin Core 0.16.0

estimatefee (0.16.0 RPC)

blockchain

control

generating

mining

network

rawtransactions

util

wallet

estimatefee nblocks

DEPRECATED. Please use estimatesmartfee for more intelligent estimates.
Estimates the approximate fee per kilobyte needed for a transaction to begin
confirmation within nblocks blocks. Uses virtual transaction size of transaction
as defined in BIP 141 (witness data is discounted).

Arguments:
1. nblocks     (numeric, required)

Result:
n              (numeric) estimated fee-per-kilobyte

A negative value is returned if not enough transactions and blocks
have been observed to make an estimate.
-1 is always returned for nblocks == 1 as it is impossible to calculate
a fee that is high enough to get reliably included in the next block.

Example:
> bitcoin-cli estimatefee 6