Post
Topic
Board Bitcoin Technical Support
Merits 1 from 1 user
Re: [Apr 2023] Fees quite low! Use this opportunity to Consolidate your small inputs
by
stompix
on 02/05/2023, 16:02:11 UTC
⭐ Merited by JayJuanGee (1)
Wow, I hadn't needed to send Bitcoin out for a while and today took me by complete surprise. No way I would be paying the suggested 66 sats or so, so I thought, yeah, let me just send 1 sat/byte and see how long it takes. I can always RBF.

That 66sat/  took me by surprise and I watched the mempool daily, it was around 10-15 sat/b for days and it just went up since morning, 112!!!! sat/b in the last block, this is a new one. Anyhow, if the fomo on tokens doesn't go down your will probably going to be dropped from the mempool at 1sat/b, the purging data on mempool.space is not completely accurate but  most nodes will soon strat purging a ton of transactions if this goes on like this.

Funnily enough, just this morning I was wondering what happened to ordinals, is that possibly part of the cause?

yeah, 100% caused by them.