elysia

Hey thanks so much for your reply - it starts to get there, but as far as I can see it just shows fees rates paid rather than fees rates paid _per bitcoin sent_ in the transactions.

So I just took a look at a recent block - take this transaction. Just scrolling around it I found this - and many like it - pretty quickly.

https://mempool.space/tx/0f1f7d55846ff06d134d61347f35c9ec1e23202369a9c243d7e63b94ae46f2e8

So this person is sending 20,000 sats in the transaction, and paying 14,700 sats as a transaction fee. From a payments point of view this is clearly nuts and unsustainable - of course they are using it for the purpose of something else, and probably in $ terms (they are probably thinking it's "worth" the $6 of value, somehow).

The reason for my question is to try to find a top down summary of this sort of activity - it might reveal when it's worth paying high fees (I don't mind competing with people wanting to send bitcoin purely as transactions) and when to wait it out.




fishyness

That’s useful - thanks. 

A question along the same lines - is it possible to see a summary or stats on each block of average fee paid as a proportion of the underlying transaction size?

Reason being, I figure this would give a reasonable indication of levels of degenerate (read - less sustainable over time?) use, vs using Bitcoin to transfer value)

343pg

bitcoin_beginners

On mempool.space, what is the difference between expected block and actual block

>Is it trying to stack the little blocks like tetris?

Exactly. The expected block was going to get mined, but actual block wins.
Sorry, that is zero help ;-)

https://mempool.space/docs/faq#how-do-block-audits-work

This helped me get the basics.