Nick Klockenga170d agoI wish there was more discourse on nostr about sub 1 sat per vbyte transactions being relayed and mined. Seems like bad long term thinking for mining pools. @c9b19ffc…1e108965 mostly dismissed it as mining pool economic ignorance on a recent WBD pod. I find it hard to believe mining pools aren’t considering the economic consequences.
💬 2 replies
Replies (2)
Dr. Hax169d agoAre you suggesting that miners leave empty space in blocks and give up the fees that they could have gained by including them?
If enough miners did so, that'd send a message: "pay more to move money (on-chain) or have your transactions delayed"
0000 sats
Nick Klockenga169d agoI guess that is ultimately the calculus in question. The risk seems to be normalization of the networking lowering the node defaults of `minrelaytxfee` and `incrementalrelayfee`. I suspect this would lead to lower long term fee rates. Maybe I’m wrong.
0000 sats