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2023-11-09 19:57:57

Jameson Lopp on Nostr: Fee rates of 300 sats/vb, such as we are seeing today, make mining fees hit 1:1 ...

Fee rates of 300 sats/vb, such as we are seeing today, make mining fees hit 1:1 parity with the block subsidy for the next mining epoch.

That is to say, miners would achieve the same revenue post-halving as they did from the subsidy of the current epoch.

https://t.co/S7LBGjZabE
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npub17u5dneh8qjp43ecfxr6u5e9sjamsmxyuekrg2nlxrrk6nj9rsyrqywt4tp