Simple Steve on Nostr: Since June, bitcoin transactions with very low fees (2 sat/vb or less) have grown ...
Since June, bitcoin transactions with very low fees (2 sat/vb or less) have grown from 34% to 94% of the mempool, and 77% of these transactions are storing op_return data.
Analysis script below.
Image credit: mempool dot space.
Published at
2024-09-18 13:17:35Event JSON
{
"id": "bfcbc3baf7dc294a341cd4f578c35499e1cc0f7e1e244702ae177f965475dddf",
"pubkey": "0fda8191ace44af531506914af66e9970c0e783637120b7d1d7a5f266f18c5d7",
"created_at": 1726665455,
"kind": 1,
"tags": [],
"content": "Since June, bitcoin transactions with very low fees (2 sat/vb or less) have grown from 34% to 94% of the mempool, and 77% of these transactions are storing op_return data.\n\nAnalysis script below.\n\nImage credit: mempool dot space.\nhttps://m.primal.net/Ktov.jpg",
"sig": "2889b505f1fbddbfb4a8a904d01e9ccc776d83cf77c5bb2a779c37d4d677a6305fa152b0996956dd235714a03a3c024405387427885a64d9f37be7fe39b9a230"
}