How to know if transaction is failed due to insufficient balance?

Question

I want to know if it is possible to know from "error" object returned by geth that the error it was due to insufficient balance (something to compare with)

I have a js code like that:

mycontract.storeData("some-data")
     .then(res => {
          // transaction confirmed 
            })
     .catch(error => {
     // I want to know the cause if the error (programmatically) like error.statusCode ... ?
  })

Answer 1

Switch from web3 v0.x (which you're apparently on) to web3 v1.2.x, and then follow this example.

In particularly, read about the error-handler at the bottom of this example, which appears to be designated to catch exactly what you're after:

.on('error', console.error);

If there's an out-of-gas error, then the second parameter is the receipt.

EDIT - the error-handler example above is rather poor; let me rewrite it:

.on('error', function(error, receipt) {
    if (receipt !== undefined) {
        // handle out-of-gas errors
    }
    else {
        // handle all other errors
    }
});

Answer 2

Ultimate way to know why mined transaction failed is to trace it. In Geth you may do this using debug.traceTransaction().