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Topic: Mempool Observer Topic - page 49. (Read 20355 times)

copper member
Activity: 322
Merit: 21
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
March 02, 2024, 11:59:59 PM
     
  • fastestFee: 15 sat/vB
  • halfHourFee: 14 sat/vB
  • hourFee: 14 sat/vB
  • economyFee: 10 sat/vB
  • minimumFee: 5 sat/vB
copper member
Activity: 322
Merit: 21
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
March 02, 2024, 06:00:00 PM
     
  • fastestFee: 22 sat/vB
  • halfHourFee: 20 sat/vB
  • hourFee: 18 sat/vB
  • economyFee: 10 sat/vB
  • minimumFee: 5 sat/vB
copper member
Activity: 322
Merit: 21
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
March 02, 2024, 11:59:59 AM
     
  • fastestFee: 60 sat/vB
  • halfHourFee: 51 sat/vB
  • hourFee: 38 sat/vB
  • economyFee: 14 sat/vB
  • minimumFee: 7 sat/vB
copper member
Activity: 322
Merit: 21
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
March 02, 2024, 06:00:00 AM
     
  • fastestFee: 21 sat/vB
  • halfHourFee: 18 sat/vB
  • hourFee: 16 sat/vB
  • economyFee: 10 sat/vB
  • minimumFee: 5 sat/vB
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
March 02, 2024, 05:09:42 AM
First of all, can anyone explain what causes such a sudden sharp rise in number of transactions? This just happened now.

That is a bit of a misleading graph, it's not tx per second, it is in vb/s.
So assuming I'm the only user if I send a consolidation one like :
https://mempool.space/tx/c5d2b9d5ae8941f05fd9be2a040564ab0c81f9af3cacde4bf3862e5c4a5299e7
that is ‎43 000 vb/s
if I send 10 of this
https://mempool.space/tx/9021a8d8061c5201aac5441e9bb171c572d2d9a62fa94e7a9a46948b3f809741
‎it's 1920 vb/s

Basically any service consolidating will make a spike in that graph.


Ordinal minting bot badly configured, not the first time:
https://ordiscan.com/address/bc1qgc7nldyvcz6uqjfmpx8nvj7zh644xz0tj8k9xp
hero member
Activity: 1022
Merit: 642
Magic
March 02, 2024, 04:25:37 AM
How long would it take to confirm a 1 sat/vB transaction?

24+ hours? Has anyone tried it for consolidation?

I tried a 1 sat/vB consolidation as an experiment a month or so ago using a pruned node just to see if it will work and how long it would take.
Blockchain explorers still show it as unconfirmed. My node is still running. The transaction is composed of more than 50+ dust UTXOs Grin
Do unconfirmed month old transactions still get confirmed if ever fees get low enough a month after? Or is a rebroadcast needed?

It depends on the wallet software. I have tried something similar with blue wallet and every time the transaction was dropped from the mempool it was instantly resubmitted automatically. Eventually after 6 month it was confirmed when there was a timeframe where fees went to 1 sat/vByte.

So you can simply try it and wait for it to get confirmed. Just check that it is not thrown out of the mempool and if it is just resubmit it.
hero member
Activity: 882
Merit: 792
Watch Bitcoin Documentary - https://t.ly/v0Nim
March 02, 2024, 02:39:07 AM
I'm looking at the transaction fees right now and there are still things that I don't understand.
First of all, can anyone explain what causes such a sudden sharp rise in number of transactions? This just happened now.



During the least 15 minutes,, transaction fee is around 15-20 sat/vByte but someone just sent a transaction with 40 sat/vByte and then increased fee via RBF up to 80 sat/vByte and just right now, they increased fee up to 208 sat/vByte.
Here is the transaction: https://mempool.space/tx/78e35dc01f976166bab5dcc5089c2649c97427cd28c4bc0ebde55a0fcb23d87f
Just what the hell is going on?
copper member
Activity: 322
Merit: 21
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
March 01, 2024, 11:59:59 PM
     
  • fastestFee: 22 sat/vB
  • halfHourFee: 19 sat/vB
  • hourFee: 16 sat/vB
  • economyFee: 10 sat/vB
  • minimumFee: 5 sat/vB
copper member
Activity: 322
Merit: 21
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
March 01, 2024, 05:59:59 PM
     
  • fastestFee: 61 sat/vB
  • halfHourFee: 52 sat/vB
  • hourFee: 39 sat/vB
  • economyFee: 12 sat/vB
  • minimumFee: 6 sat/vB
copper member
Activity: 322
Merit: 21
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
March 01, 2024, 12:00:00 PM
     
  • fastestFee: 20 sat/vB
  • halfHourFee: 17 sat/vB
  • hourFee: 15 sat/vB
  • economyFee: 8 sat/vB
  • minimumFee: 4 sat/vB
copper member
Activity: 322
Merit: 21
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
March 01, 2024, 05:59:59 AM
     
  • fastestFee: 24 sat/vB
  • halfHourFee: 22 sat/vB
  • hourFee: 20 sat/vB
  • economyFee: 10 sat/vB
  • minimumFee: 5 sat/vB
copper member
Activity: 322
Merit: 21
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
February 29, 2024, 11:59:59 PM
     
  • fastestFee: 16 sat/vB
  • halfHourFee: 15 sat/vB
  • hourFee: 14 sat/vB
  • economyFee: 8 sat/vB
  • minimumFee: 4 sat/vB
legendary
Activity: 2352
Merit: 6089
bitcoindata.science
February 29, 2024, 07:26:17 PM
Now I noticed, and I don't know if they had noticed. But the chart doesn't exactly reflect the rates in place at the time the bot makes the post.

In these two cases, it almost looks like the graphics have been swapped.

Here's the note.

The chart shows the last blocks' average 50% of transactions fees.

the Fastestfee, halfhourFee, etc are predictions of the incoming blocks , based on the minimum fee to get into them

Data should not match Wink
legendary
Activity: 3472
Merit: 3507
Crypto Swap Exchange
February 29, 2024, 06:04:38 PM
Now I noticed, and I don't know if they had noticed. But the chart doesn't exactly reflect the rates in place at the time the bot makes the post.

In these two cases, it almost looks like the graphics have been swapped.

Here's the note.

It seems as if the last few minutes-hours are missing on the chart image.


Is it just me, but in several days the fee has always been significantly higher after 3 pm (European time), is it possible that the NY market opening for trading affects that?
copper member
Activity: 322
Merit: 21
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
February 29, 2024, 05:59:59 PM
     
  • fastestFee: 28 sat/vB
  • halfHourFee: 27 sat/vB
  • hourFee: 26 sat/vB
  • economyFee: 12 sat/vB
  • minimumFee: 6 sat/vB
legendary
Activity: 4410
Merit: 4766
February 29, 2024, 05:57:56 PM


Now I noticed, and I don't know if they had noticed. But the chart doesn't exactly reflect the rates in place at the time the bot makes the post.


blocks around at 5PM  
832557- 4:14pm
  -1tx 1sat/vb
  -1tx 4sat/vb
  -1tx 7sat/vb
  -1tx 9sat/vb
  -1tx 10sat/vb
  -1tx 11sat/vb
  -3tx 13sat/vb


832558- 4:20pm
  -1tx 1sat/vb
  -3tx 8sat/vb
  -1tx 9sat/vb
  -1tx 12sat/vb
  -1tx 13sat/vb
  -2tx 14sat/vb
  -5tx 15sat/vb
wasnt a block any closer to 5PM

832559- 5:01pm
  -1tx 1sat/vb
  -1tx 3sat/vb
  -1tx 4sat/vb
  -1tx 8sat/vb
  -1tx 17sat/vb
  -1tx 18sat/vb
  -2tx 19sat/vb

so bots minimums are off, must be taking averages over a few blocks or average of cheapest # of tx's
legendary
Activity: 1722
Merit: 4711
**In BTC since 2013**
February 29, 2024, 05:31:40 PM
     
  • fastestFee: 17 sat/vB
  • halfHourFee: 17 sat/vB
  • hourFee: 17 sat/vB
  • economyFee: 10 sat/vB
  • minimumFee: 5 sat/vB


     
  • fastestFee: 84 sat/vB
  • halfHourFee: 78 sat/vB
  • hourFee: 72 sat/vB
  • economyFee: 14 sat/vB
  • minimumFee: 7 sat/vB


Now I noticed, and I don't know if they had noticed. But the chart doesn't exactly reflect the rates in place at the time the bot makes the post.

In these two cases, it almost looks like the graphics have been swapped.

Here's the note.
legendary
Activity: 2352
Merit: 6089
bitcoindata.science
February 29, 2024, 12:20:00 PM
Blockchain explorers still show it as unconfirmed. My node is still running. The transaction is composed of more than 50+ dust UTXOs Grin
Do unconfirmed month old transactions still get confirmed if ever fees get low enough a month after? Or is a rebroadcast needed?

Depends on the fee rate of that transaction.

If it is 1 sat vB , it probably dropped already, as mempools have a size limit.

However,  you can still check if the transaction exists in mempool.space or other block explorers.

No need even to rebroadcast a 1 satvB tx now, as it will drop.
You can rebroadcast when fees get lower.
copper member
Activity: 322
Merit: 21
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
February 29, 2024, 12:00:00 PM
     
  • fastestFee: 84 sat/vB
  • halfHourFee: 78 sat/vB
  • hourFee: 72 sat/vB
  • economyFee: 14 sat/vB
  • minimumFee: 7 sat/vB
copper member
Activity: 322
Merit: 21
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
February 29, 2024, 05:59:59 AM
     
  • fastestFee: 17 sat/vB
  • halfHourFee: 17 sat/vB
  • hourFee: 17 sat/vB
  • economyFee: 10 sat/vB
  • minimumFee: 5 sat/vB
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