GM Nostr ☕
People paying thousands of sat/b quickly got normal eh? What a time to be a miner!
Have a good week folks 🧡⚡
Discussion
I've been staring at next block info on mempool over the last few hours,, particularly regarding fee rate distributions.
Seems to my untrained eye that as soon as a block is mined, a load of 5X - 10X overpaying transactions immediately arrive for the following block.
Having a wide fee rate distribution might give the impression that there is more competition for block space than there is. Maybe this is to game fee rate estimation algorithms?
Boring waiting for the moment a block is mined, but I'm scratching my head what this means - if anything.
GM 🤠🤙
GM☕️☕️💜🌅You too.