delete_mass_records

trunc.sql

SET temp_buffers = 1000MB -- or whatever you can spare temporarily

CREATE TEMP TABLE tmp AS
SELECT t.*
FROM   tbl t
LEFT   JOIN del_list d USING (id)
WHERE  d.id IS NULL;      -- copy surviving rows into temporary table

TRUNCATE tbl;             -- empty table - truncate is very fast for big tables

INSERT INTO tbl
SELECT * FROM tmp;        -- insert back surviving rows.