> The data says on average people pay a lot more for non-standard OP_RETURN transactions and wait longer. Standardness, then decreases the cost. That's my contention.
I dunno if you can really call 1 sat/vB a “lot” but okay :)
> What miners will do in the face of more non-standard OP_RETURNs being available, I have no idea.
Right but this is what actually matters - by just posting what the market for OP_RETURNs looks like today (when there is very little usage) you give people a dramatically false conclusion (that filters “work” any more than incredibly marginally on the edges).
> What I do know is that there are social costs to mining stuff like inscriptions, which is why MARA has a bad reputation.
Ha, others think MARA is the best. You might want to get outside your filter bubble on this one :)
> Perhaps giving up a little fee revenue is worth not mining spam to some miners. In other words, it's not a straightforward calculation of miners making more money with no downside when mining these.
Indeed, there’s lots of subtle things, but again the point isn’t about “Will miners change code to mine garbage for an extra 1k sats a month”. No, of course they won’t! Will miners start to change things to make a lot more? Of course. Again with your post you’re giving your followers a dramatically wrong impression. And not just wrong, *dangerous*, see my longer form post on MEVil and how confusion here can drive mining centralization!
> So yea, I would expect at least some miners to not mine them. In fact, you know the miners on OCEAN are mostly *not* mining inscriptions and the like, so there's your counterexample right there. How many of them will is the real question, because that naturally reduces the profit they make from the non-standard transactions. But I guarantee it's not everyone and possibly not even the majority as we're seeing here.
OCEAN is a great example! Every large miner I’ve ever spoken to has laughed at the idea of mining in a way that pays them at all less (even though in general OCEAN’s payment aren’t that much less - see my previous post about it all being one market and some portion of hashrate refusing to mine inscriptions not impacting their price - it goes both ways!). Some smaller miners mine on OCEAN with their own block templates that don’t filter, but the rest are hobbyists who don’t care all that much.
