What is Nostr?
benogl / ₿eno⚡️
npub1t5t…huej
2023-03-04 23:00:52
in reply to nevent1q…t0ul

benogl on Nostr: You're right, I did some reading: “When a new block is found, mining pools send ...

You're right, I did some reading: “When a new block is found, mining pools send miners a block template with no transactions so they can start searching for the next block as soon as possible. They send a block template full of transactions right afterward, but a full block template is a bigger data transfer and takes slightly longer to reach miners.”

Basically, since it takes a few seconds longer to send a full block template, miners hash away at an empty template and occasionally find a new empty block...

Once the fee's overtake the coinbase value by an order of magnitude, this practice will stop since it makes more business sense to always hash a more valuable template.
Author Public Key
npub1t5tqj479er36fmncyh57afa97wlzt23tymu7eu4pdmx9qsm94e9sh0huej