70 BTC+ in transaction fees over the last 6 months on JUST withdrawals
. Majority covered by PD
Wait are you serious stunna?
wow that's literally a huge amount especially when the BTC price is so high during those months.
The reason why its high is because for every withdraw they need to pay around 400-500 Sat/byte because if they use the min. fee they will get hundreds of tickets people complaining that they withdraw isn't confirmed.
Another issue with the site is that most people deposit small amounts such as 0.01BTC, and this creates unnecessary inputs when someone withdraws later.
Basically an input uses more space than an output. So if a whale withdraws 10BTC and that comes from small deposits of ~0.05BTC, it will be very expensive to make the withdraw.
The opposite is vice versa. If a whale deposits 10BTC in one transaction, and a few small gamblers withdraw small amounts then there is 1 input and many outputs, but the outputs don't use as much space.