Had a bunch of small amounts that I was going to sweep into a new output using 1 sat/byte but I guess that will now have to wait.
You better wait. LoyceV's dedicated thread finally had its title changed. In the original title it said to take advantage of the opportunity to consolidate inputs, now instead:
[May 2023] Fees not low! Wait for opportunity to Consolidate your small inputs
That's what I see wrong with this, on the one hand we can celebrate the record, but sending transactions is getting quite expensive, for a sample the OP himself:
Friends, thank you all for a great week / 2nd week payment sent. [exchange rate: 28502]
Please feel free to join the discussion and testing of the platform.
Please feel free to join the discussion and testing of the platform.
Thanks.
And I don't mean to clutter the thread but I bit the bullet and made a tx with a 138 sat/byte fee to hopefully encourage a miner to pick up the payment transaction
Cheers to all, have a great week.
If you want to sent a small transaction, let's say $20, currently mempool.space suggests $6.18 as a high priority fee and even $4.12 for a low priority one, which in percentage terms is crazy. So it is not time to consolidate or to send small transactions, much less if you are in a hurry to get them confirmed.