Oddbean new post about | logout
 Love the near weekly question of “nostr:npub1guh5grefa7vkay4ps6udxg8lrqxg2kgr3qh9n4gduxut64nfxq0q9y6hjy, do you still think mempools will ever clear?” nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx. But now realised (well, nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev and nostr:npub1wnlu28xrq9gv77dkevck6ws4euej4v568rlvn66gf2c428tdrptqq3n3wr actually helped me realise) , if there at 65mb or 35 blocks worth of transactions of 1 or 2 sats/vB, they will never clear. Feels like  equilibrium as been reached.

When you need a transaction quickly, 4sats/vB gets it done and that’s cheap as!!!, willing to take some time, maybe 2sats/vB, but honestly, will there ever be so few of these ultimately very low fee transactions to allow for so many 1 and 2 sat transactions to be processed? 

Unless the number of new transaction falls massively for hours on end, I doubt it. I reckon all those 1sat/vb “cheapskates” need to resend transactions with higher fees to get them processed. 

Actually don’t care. Onchain transactions are cheap and they’re always plenty of transactions waiting to be processed. #bitcoin
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