“Hey remember when you said it’d be at $250k easily by Christmas 2025? How’s the citadel construction going?”
I feel kinda bad for being so intermittent here on Nostr, but otoh the nice thing about being away for big gaps is coming back to see how much things have improved since I "left".
The entire UX (I'm using Primal and Damus fwiw) is just getting smoother and smoother. And the foundational features of "no censorship" and "aligned incentives" (zaps) is really starting to pay off, it seems.
congrats to everyone who's stuck with Nostr and helped cultivate it. ima trynna do more to help out going forward.
worth it
Sub 1sat/vB transaction discussion and reversal of decision to mine them on solo ckpool.
Block 910440 https://mempool.space/block/00000000000000000000d22167aa0c9d1a49e7878631d6c93ea1b1c87b98ba24 is the first block that solo ckpool has mined that has included sub 1sat/vB transactions. I made this change because the bulk of the mining pools are now mining transactions below the default (until now) mempool policy of mining transactions only 1sat/vB or above. The reason for switching solo ckpool was partially out of necessity - if the mempool differs substantially from what other pools are mining, when other pools mine a block with low fee transactions, solo ckpool will be slow to build new blocks. The reason is because of the disparity in what is in the pool's mempool and it missing transactions included, so it would have to ask for the missing transactions before it can build a full block.
Now that solo ckpool has mined a block with sub 1sat/vB transactions I have data on the reward mined as the result of a low transaction fee period. Of the ~4900 transactions mined in this block, ~3300 were sub 1sat/vB transactions. It took some time to sift through the data of these transactions to determine what the mined fees were. They amounted to ~.0018 BTC more in fees, or ~$220. This is ~.06% of the current 3.125 BTC block reward.
These particular low fee transactions were very small and appeared to create 1-2 UTXOs each.
In light of how ridiculously small the extra fees mined were by accepting these transactions, and the potential for creating a significant number of new UTXOs, I am reversing my decision to mine these transactions. To maintain solo ckpool's ability to be aware of these transactions in the mempool I will only be setting the minrelaytxfee to accept and forward them, but not setting a lower blockmintxfee to mine them.
The block reward needs to have dropped substantially for such low fee transactions to add meaningful reward to mining pools, and I would only consider doing so if the reward was at least 1% more. The block reward would need to have dropped below 0.2 BTC total meaning we are decades away from such fees to be significant. By that time the landscape is likely to be very different to the current one, and it is unknown if fees will remain low that far away. A lower minimum fee is also likely to worsen fees' ability to be a significant contributor to mining rewards as block subsidy diminishes.
I implore other pool owners to do their own calculations and reconsider their decision to mine them at this stage.
ty! great insights, was wondering how many of these tx’s were out there
summer hobby 2025: defacing dirty fiat, while simultaneously framing *and* punking Juggalos
testing Lume
my lifelong aversion to (and avoidance of) Crocs has just come to a horrible end. thanks(?!?) @BitcoinMagazine for luring me down this dark path of birth control footwear.
https://video.nostr.build/895e9414e71e710b3a440ac06fa6a0167dfb56250b507364324e820744f376d8.mov
they are so incredibly orange. brutally so.
my lifelong aversion to (and avoidance of) Crocs has just come to a horrible end. thanks(?!?) @BitcoinMagazine for luring me down this dark path of birth control footwear.
https://video.nostr.build/895e9414e71e710b3a440ac06fa6a0167dfb56250b507364324e820744f376d8.mov
aha, looks like it had a backup of my "contacts" which I was able to restore, now shows I follow 536 people. apparently I already went here once before and used it, but forgot? or does it just go scrape every account it can find, and back things up like an internet wayback machine?
thanks, looks like a cool service - one I really wish I had heard of before I needed it lol
I bounce around between Iris, Damus, and Primal. Not sure when exactly it happened; I thought something was broken with my feed (no posts showing up) but turns out it was because my follows list got cleared! Yikes.
whoah, wtf - somehow I'm no longer following anyone on here?!?!? how'd that happen? anyone ever see that happen to them?
Bitcoin derivatives & off-base-layer transactions were always going to play a major role in adoption and scaling. But yeah, it’s unsettling to see such low usage of layer 1 on a Monday at noon.
nostr:nprofile1qqsqfjg4mth7uwp307nng3z2em3ep2pxnljczzezg8j7dhf58ha7ejgprpmhxue69uhhqun9d45h2mfwwpexjmtpdshxuet5qyt8wumn8ghj7un9d3shjtnswf5k6ctv9ehx2aqnz0fd0 HELPING ME STAY HUMBLE AND STACK HOPS
you, an urban sophisticate - buying $8 coffee every day on your way to work
me, a rural hillbilly stacking $8 of Bitcoin each day while saving money making coffee at home
we are not the same 
POV you’ve fallen for the “Free Bitcoin Inside!” trick again.
“Quit being such a pussy; act like you belong here. Sack up, buttercup.” - Mahatma Gandhi
gm today you’re the blood in the streets https://video.nostr.build/388cf6a504fa7223bb749a5cbcec6f4f1b1a9a9552c7b1dba35b639865373a59.mp4 
the US government made a “strategic reserve” out of Bitcoin they stole from some of the earliest users
nothing wrong with an occasional return to the ways of dignified gentlemen 🤝
my politics are whatever opposes this 
I know it's probably haram to share links from lesser social media platforms here on the nostrs, but for anyone who was following me on Twitter / X back in the day, I decided to nuke my account and start over. So if anyone still there wants to re-follow, here 'tis:
You can tell a lot about someone by how they react to the J6 and Ross Ulbricht prisoner releases.
Congrats Ross!!! Long overdue. Thank you Mister President 👍🏼👍🏼👍🏼🇺🇸🇺🇸🇺🇸
all of us are just one wrongthink away from being deplatformed and/or debanked.
Nostr solves for deplatforming ✅
Bitcoin solves for debanking ✅