Fee rates getting lower, but lots of blocks in queue
nostr:note1qqp2q8g9qqshecf2u3sheemtywj0rn6g5ygf5t2x0rv7824q6l2sea6lvx
Fee rates getting lower, but lots of blocks in queue
nostr:note1qqp2q8g9qqshecf2u3sheemtywj0rn6g5ygf5t2x0rv7824q6l2sea6lvx
Based on the mempool right now, it looks like ordinals have become a buyer of last resort for blockspace. Tx fees are really low (~6sat/vb) but there are tons of transactions waiting. The last block constructed looks to be filled more than half with the same type of ordinal transaction.
#ordinals etc have to go..⚖️👮♂️💀
#Bitcoin