Post
Topic
Board Bitcoin Discussion
Re: Some business/developers misunderstand how bitcoin fees works
by
albert0bsd
on 01/10/2023, 05:28:00 UTC
Bitcoin transactions are calculated in blocks and not time, so when you pay a higher feerate you are asking for it to be confirmed in the next block or next 2 blocks

Agree, but high rate should mean atleast one or two sat/vB more than the expected according to some fee stimators, not hundreds sat/vB more...

and not in the next minute.

That is exactly my point, miners don't care if you pay 1 sat/vB more or 100 sat/vB more they are going to keep mining to the same speed. This mean that miners aren't goint to increment their mining power just because somebody is incrementing its fee with the rbf feature.