evanbaer on Nostr: I think that's right. No direct change but potential slow blocks (+increase fees to ...
I think that's right. No direct change but potential slow blocks (+increase fees to get into fewer blocks) during subsequent difficulty adjustments while things shake out...
Related, there could be a fight across multiple mining pools for block 840,000 due to its high value to the Ordinals / rare sats crowd (same estimates are >$1M for the single rare epic sat) ... and so we will likely see block reorgs (and potentially higher fees) as the miners struggle to keep possession of that block.
Published at
2024-03-13 18:07:07Event JSON
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"content": "I think that's right. No direct change but potential slow blocks (+increase fees to get into fewer blocks) during subsequent difficulty adjustments while things shake out...\n\nRelated, there could be a fight across multiple mining pools for block 840,000 due to its high value to the Ordinals / rare sats crowd (same estimates are \u003e$1M for the single rare epic sat) ... and so we will likely see block reorgs (and potentially higher fees) as the miners struggle to keep possession of that block.",
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