Bitcoin Core is still as pessimistic as always.
In the past 24 hours, transactions under 2 sat/vbyte got confirmed several times. Meanwhile, Bitcoin Core recommends more than 15 sat/vbyte for a confirmation within 24 hours! For 2 hours they recommend more than 23 sat/vbyte, and only for a 3 day target they recommend slightly less than 2 sat/vbyte.
Since Bitcoin Core is the basis of many wallets, it's no surprise fees quickly went up "
into the green" many times in the past 24 hours.
Electrum gives similarly high recommendations when selecting "ETA", but when you choose "Mempool", it's the opposite: it shows 1 sat/vbyte is enough to be "5.0 MB from tip". That looks like a bug, there's
60 MB waiting at 1-2 sat/vbyte, and 5 MB from the tip will only throw you in that large pool. 1.1 sat might be enough, but it's hard to tell.
Either way, be smart about fees
one of the problems is viabtc.com altered the free boost it used to be if you paid at least 11 sats a byte it would do any size transaction.
now no matter what you pay per byte the limit size trans action is 500 bytes. these are very small size so there are now always a lot of free accelerations available from them but very few people have a tiny enough tx to use the free one.
I was able this weekend to consolidate all my ex's I had a lot if I used trezor's economic number it would have been 13 sats a byte cost would have been 20 bucks
normal cost they wanted 18 sats a byte about 35 usd in fees
high number they wanted 24 sats a byte about 50 usd in fees
I did 6 to 9 sats custom and paid about 11 bucks.
Since I know I can't uses viabtc for free due to size of the tx I went under 10 sats and did the 6-9 sat range. Trezor allows fee boost if needed so going to 6-9 was enough savings for me.
Now all my accounts are only 1 per tx if I do a send. So if we go nuts and reach 100 sats I could do an 11 sat send and use the free viabtc due to the tx being 227 bytes. So all in all it was a good weekend . all thanks to
https://jochen-hoenicke.de/queue/#BTC,2w,fee. I should toss him a small donation as he saved me money
he has a donation address on the link above.