Re: [Mar 2024] Fees are lower, wait for opportunity to Consolidate your small inputs
Binance owns pools, so they don't care about fees, high fee situation is very beneficial for them but I didn't know if Bitfinex was paying that much, as far as I can tell, they don't own any pool. It doesn't make any sense to me, why should anyone pay more than recommended. Slightly above recommended is okay but many people pay 30x and 40x over the recommended amount.
Binance isn't forcing its transactions through their pool, for example this was just confined by antpool:
https://mempool.space/tx/44043a606a2d0c8c9513d750bf628bc2b2e17d4b91e39a107c78334d796bcff5
they just paid 148sat/vb, it says optimal but optimal my ass it's all because they've dumped themselves half a block of tx at over 100sat/vb
Actually even funnier, they aren't even collecting their own inputs via their pool, they have like 50 unconfirmed consolidations sitting there for months.
And now to make Switzerland's blood boil again, I present you:
https://mempool.space/block/00000000000000000000581af7f866e530053928e8b0e7c3dfe899923d64a9fc
Quote
3,452 sat/vB
I'm not sure, but it looks like it: exactly the same fee, exactly the same transaction, often using the previous outputs as inputs, and broadcasting them in batches.
Or maybe several people use same script/software which create TX with static or poor fee rate choice algorithm.My bet would be on those services that offer inscription and minting for a fee, you just upload a jpg and they give you a quota on what it will cost you.