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HASHRATE IS RIPPING SO FEES ARE LOW.

NEXT DIFFICULTY ADJUSTMENT IS GOING TO BE A BIG ONE AND FEES WILL LIKELY GO UP.

NOW IS A GOOD TIME TO MANAGE YOUR LIGHTNING NODES AND UTXOS IN WALLETS.

Could you please explain the relationship between fees and hashrate?

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Hashrate precedes price. Price drives interest, which drives fees. Prepare accordingly.

MINING DIFFICULTY ADJUSTMENT HAPPENS EVERY 2016 BLOCKS.

IF HASH RATE PUMPS BETWEEN ADJUSTMENT PERIODS THEN BLOCKS ARE MINED FASTER SO FEES ARE REDUCED.

IF HASH RATE DUMPS BETWEEN ADJUSTMENT PERIODS THEN BLOCKS ARE MINED SLOWER SO FEES TEND TO INCREASE.

WHEN DIFFICULTY ADJUSTMENT HAPPENS BLOCK TIMES ARE NORMALIZED TO THE TEN MINUTE TARGET.

Beautiful explanation. Thank you so much Matt. That’s quite subtle and needed an expert like yourself to explain.