I am wondering if there's a website that provides the price of the standard gas limit (21000 Gas, transaction cost for sending ETH) in ETH unit.
I checked Ether.Fund site, but it provides the gas price in BTC and is based on ether pre-sale rate.
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There is no fixed gas price that transactions must have.
You can specify the gas price, and if you set a gas price within certain bounds, the transaction will be accepted by miners using their default values and oracle.
The default gas price is now 0.02 microether which is equivalent to:
- 0.00000002 Ether (.02 * 1e-6)
- 0.02e12 wei
- 20000000000 wei
- 20e9 wei
- 20 Gwei (gigawei)
- 0.02 szabo
When you send ETH, your client (Geth or Parity) will use the default gas price of 0.02 microether.
If 1 ETH is $10, 1 gas will cost 0.00000002 * 10 dollars.
If ETH is $10, 21000 gas will cost 0.00000002 * 10 * 21000 = 0.0042 dollars, which is 0.42 cents.
If ETH is $1000, 21000 gas will cost 0.00000002 * 1000 * 21000 = 0.42 dollars, which is 42 cents.
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@Brain2000 0.5 dollars would be 50 cents, so is there a mistake elsewhere? – eth♦ Jul 21 '16 at 5:22
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1Same calculation with current ether price (250$) is 0,105$ and probably get larger. Is there any miners having less than default gas price (0.02 microether)? And what would the probability for miners having very low gas price to deploy a transaction? @eth – alper Jun 7 '17 at 23:16
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1@Avatar ethgasstation.info suggests that a gas price of 2 Gwei (0.002 microether) will be confirmed in less than 5 minutes on average. – eth♦ Jun 11 '17 at 8:17
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2Just corrected the dollars to cents conversion, I believe? @CaptainBli confirm? – pfrank Aug 24 '17 at 17:52
