We can smooth out on-chain fee spikes with faster price signals. Miners are clearly turning up the hashrate for these fee events but small miners struggle to take advantage of the opportunity because of the friction in selling hashrate and opacity in share pricing. If they mine harder to a large pool the pool gets to keep the profit.
If we are serious about decentralizing hashrate and block template production we need to do better for our small miners. I am very serious and I have a plan to get us there.