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5 sats \ 3 replies \ @343pg 15 Dec 2023 \ on: Will we ever see the mempool clear again and 1 sat/vbyte fees? polls
The current fees really are remarkable. At 200 Sat/vbyte that’s about 2/3rds of the block reward come the next halving in a few months. Very striking and doesn’t feel sustainable.
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0 sats \ 2 replies \ @needcreations_ OP 15 Dec 2023
wat?
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20 sats \ 1 reply \ @343pg 15 Dec 2023
Transaction fees from a block at 200 Sat / vbyte - about 2 btc. Block reward at next halving - just over 3 btc. Hence 2/3rds?
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0 sats \ 0 replies \ @needcreations_ OP 15 Dec 2023
ohhh I see what you mean. Thanks for clarifying
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