Replying to Avatar Nick Klockenga

I wish there was more discourse on nostr about sub 1 sat per vbyte transactions being relayed and mined. Seems like bad long term thinking for mining pools. nostr:npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a mostly dismissed it as mining pool economic ignorance on a recent WBD pod. I find it hard to believe mining pools aren’t considering the economic consequences.
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Dr. Hax 3mo ago 💬 1

Are you suggesting that miners leave empty space in blocks and give up the fees that they could have gained by including them?

If enough miners did so, that'd send a message: "pay more to move money (on-chain) or have your transactions delayed"

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Nick Klockenga 3mo ago

I guess that is ultimately the calculus in question. The risk seems to be normalization of the networking lowering the node defaults of `minrelaytxfee` and `incrementalrelayfee`. I suspect this would lead to lower long term fee rates. Maybe I’m wrong.