Since June, bitcoin transactions with very low fees (2 sat/vb or less) have grown from 34% to 94% of the mempool, and 77% of these transactions are storing op_return data.

Analysis script below.

Image credit: mempool dot space.

Reply to this note

Please Login to reply.

Discussion

Anyone with a large mempool and a Python RPC connection can run a similar script and get the results for your mempool

This note is straight signal about real mempool stats about fees being at UNQUESTIONABLY ALL TIME LOWS and zero people like or zap or comment. Steve is the only one talking about this and no one wants to admit it because it’s a massive disilion pump boy kumbayah never look at reality no hot takes allowed jerk off session

Take that nerdster πŸ”₯ πŸ˜‚