Does the blue mark mean that it is next to be mixed?

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Yes sir. Means the mix is imminent / in progress

Awesome thanks

So if I have four 100k sats mixes available, it will only ever mix one at a time, correct?

It’s “in line” essentially. It can stay like that for days. When it’s like 3/4’s full is when it’s in. If you hover over it with your cursor it’ll tell you “joined a mix!” or something like that.