Post
Topic
Board Bitcoin Technical Support
Merits 4 from 3 users
Re: [Mar 2025]Fees are low, think about Consolidating your small inputs @1.02 sat/vb
by
Findingnemo
on 05/04/2025, 08:20:37 UTC
⭐ Merited by pooya87 (2) ,stwenhao (1) ,JayJuanGee (1)
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I don't think you will have much success to get a transaction propagated which has less than 1.0sat/vB as transaction fee rate to offer. Sure, I can set my node to accept transaction that pay even 0sat/vB to include in my mempool, but unless you're one of my peers, it's not likely such transactions will trickle in and equally unlikely that my node can relay them to other nodes which usually have the default relay minimum of 1.0sat/vB.

Good luck with convincing any miner to mine transactions below 1.0sat/vB, unless they're their own transactions.
So we don't need to convince the miners but just the nodes, and I don't see any reason why they shouldn't lower their default fee. They have nothing to lose, right?

Unless we still have the fear of spamming the network with ordinals or something?

Even today, the mempool looks empty, and most of the recently mined blocks were half-filled; those resources can be utilized for consolidation if we get an opportunity to broadcast TXs with lower fee than what it is now.