Post
Topic
Board Development & Technical Discussion
Re: Who is paying very very large fees when not needed and why?
by
o_e_l_e_o
on 17/07/2021, 10:48:57 UTC
To be fair: they also pay to consolidate inputs, but that's not included in this transaction.
Their consolidation transactions are trivial in comparison. Take a look at some of the ones they've made today:

https://mempool.space/tx/bcc8340c2fe86ed684cdbdebb06c4c97c5f77948177c7999e655c1995d406def
https://mempool.space/tx/0dcb6b2c3a5fb76c958158c0b7728f5175d0da5c8d1dba827f37a1276def38fa
https://mempool.space/tx/1aad2a9666dba36e8111e78c7c9267866ac7a3ff9914bd5369fb3bf3cc5769ea
https://mempool.space/tx/55893c880c16fdae2b026826f1bf8651c5511b480388047ffd4812a2d6166ed2
https://mempool.space/tx/87aa69969d59cdde3393dcfc7081db161f98688de49a679ca5168d28d4444fca

All paying 2.3 sats/vbyte. 162 inputs in total, and the combined fee of all those transactions is still less than the price they charge for a single withdrawal from a single user. So even considering that, the profit from one withdrawal transaction only drops from $800 down to $780 (I fixed my math in the post above).