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0 sats \ 0 replies \ @02174b3c39_lntxbot 7 Sep 2022 \ on: The Challenges of Bitcoin Transaction Fee Estimation bitcoin
There's only two options, in the next block, or not.
No estimate can predict the arrival of new transactions or the fees they are paying, so all that granularity is brittle and unreliable.
I check mempool and if in a hurry (hardly ever) I pay a fee midpoint in the next block, still no guarantee, otherwise I pay 1sat/byte and wait.