550,000 unconfirmed transactions in the mempool 😅

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I only see 93k

Running ordis?

Bitcoin Core

The maxmempool setting in your bitcoin.conf file is by default 300 MB. Your node purges low fee tx to limit its mempool to the configured max. You can increase this setting but your node can maybe not handle that.

Oh good to know, thanks!

My node can handle it 😄 it's hosted on my beast docker server with 192GB of RAM and dual Xeons

Oh lol impressive.

#neverclear

What does it mean?

These fucking BRC-20 fuckers going to run out of money or lose interest soon? Fuck.

They'll run out of money at some point. Already millions of dollars down the drain and spending around 100k a day now.

https://dune.com/dataalways/ordinals

high demand for block space. It's good for miners

#sat/vByte

https://void.cat/d/Fz3n7TsxLnz8ngJQ4eRoXR.webp

There is no "the mempool"; mine currently has 104802 according to `getmempoolinfo`.

We should expect the number of "bids" to get into the chain to increase a lot (not infinitely, but a lot!), over time - if you ignore the fee people are prepared to pay.