If you only want to consolidate cheaply, await a low mempool fee rate, and send all your Bitcoin to yourself in a single transaction.
Or the more complex way, you can use ‘coin control/UTXO selection’ to pick which ones to consolidate - e.g. all less than 0.0001B. Basically any that are smaller than the smallest transaction size you perform - aiming to only require a single UTXO as a transaction input instead of multiple.
I think the first way is the best for me. So I basically generate an address using my hardware wallet and then I send all my bitcoin from the hardware wallet to the address that I generated, correct?
Yep. It should result in a single UTXO output.
You may not even have a real need to consolidate to begin with. You should review your current UTXOs and their value. Fees are also fairly high atm - but always depends on your needs.
Another reason to consolidate is long term storage, if you expect fees to increase significantly in 5-10 years, so that again, you pay less in future fees.
I really appreciate this brother. May Satoshi bless you
