#GM ☕️

Grounding in the backyard.. beautiful and warm spring in Latvia 🌸

Little schnauzer dog I carved from basswood is now finished and painted.....how did I do?

Yes 🐟🍆

Yes bro 🤟😉🏴‍☠️ thank you

GM friends 🤟😉🏴‍☠️

I think Venice is one of the most beautiful cities in the world. Trip to Venice friends 🇮🇹 with my girl 🥰

#GM #nostr #italy #family #venice

#bitcoin

GM good people

⚡️GoooD Morning ☕️

🌸 Pura Vida 🍑

😅😅😅 wow..wow 😅😅be kind friend 💜😅😅😅😅

GM 😘 beautiful people 🌹

Goodnight 🐦‍🔥

Strike is a custodian. That means your balance on strike is not a sum total of the UTXOs that you own. Instead, it is just a balance of the amount of Bitcoin Strike is keeping track of as an IOU with your name on it. Strike owns the UTXOs and manages them entirely separately from keeping track of your account balance.

That being the case, there is no need to "consolidate UTXOs" before making a withdrawal from Strike. Instead, just withdraw to your own Bitcoin wallet the amount that you want to have in a single UTXO, and that is what you will end up with.

Indeed, that's what happens any time you make a Bitcoin transaction. If you have 3 UTXOs that are 300k, 500k, and 450k sats, and you want to send someone 1 million sats, your Bitcoin wallet will use all three of those UTXOs as "inputs" for the transaction. Those UTXOs will be destroyed and 2 new UTXOs created. One for 1 million sats to whoever you sent it to, and one for your change amount back to your own wallet, which will vary in size based on the amount you had to pay in fees.

There could be all sorts of reasons.

Maybe they are surprised about how cheap or expensive it is to get a transaction through, and they want to show what mempool.space is estimating for fees currently. Or maybe they saw a block that was lottery-mined, that is, mined without being part of a mining pool, so that single miner gets the full block reward. Or maybe they are wanting to draw attention to how many blocks are mined by the same pools, many of which are just a front for AntPool.

All kinds of reasons folks might be posting images from mempool.space.