web3 send fails on new local testing environments

[luu-alex]

Reported internally
Due to an update in geth, using web3js and sending a transaction users may run into an issue of trying to get a receipt of no blocks and getting an error instead transaction indexing is in progress.

Possible solution: Web3js should poll until a block is posted when receiving transaction indexing is in progress

Expected behavior

Actual behavior

Steps to reproduce the behavior

1. [First step]
2. [Second step]
3. [and so on...]

Logs

Environment