Do you guys always try to consolidate when fees are low or do you spend one at a time and not worry about future prices of fees ? Do you have a lowest amount that you would hold as a utxo? I'm thinking no lower than 0.003 btc. Thanks.
I feel 0.05 per UTXO should be comfortable. But at the very min have 0.01 per UTXO. And yes, you don't want to be consolidating when fees are through the roof. I think anything below 25 sat/vB is a good time to do it.
reply
reply
This calculator will give you an idea of how much it costs to spend a UTXO with specific characteristics. When that cost is computed, we can determine what the viable floor value of that type of UTXO is for any given transaction fee rate, which means you should avoid receiving deposits below that value.
reply
Lots of precious posts with discussions on this: #517499/related :)
reply
precious! 🤣
reply
I meant previous but precious is true too!
reply
I’ve had a look through. Thanks. 🙏
reply