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Title: Mempool size is Exploding Post by: a.denis1 on July 12, 2018, 11:56:30 AM What is happening today to the mempoolsize?
https://www.blockchain.com/it/charts/mempool-size What is the reason for that? Title: Re: Mempool size is Exploding Post by: butka on July 12, 2018, 12:23:13 PM I don't know the exact reason for this increase, but I don't think this is something out of the ordinary. If I'm not mistaken the "normal/default" mempool cap is something like 300 MB, but of course, this is up to each node individually, as there is no such thing as universal mempool. If you take a look at the yearly chart,
https://www.blockchain.com/it/charts/mempool-size?timespan=1year you will see that there have been larger mempool sizes in the past. Title: Re: Mempool size is Exploding Post by: a.denis1 on July 12, 2018, 12:31:03 PM Sorry now I see ... it can be a good signal but not really so exceptional ::)
Title: Re: Mempool size is Exploding Post by: LB750123 on July 12, 2018, 01:42:06 PM I think it is better to use https://jochen-hoenicke.de/queue/#1,24h.
Here you can see that what's taking most of the space are 1sat/byte tx (latest graph). The space occupied by higher fees transactions is minimal compared to the space taken by the 1sat/byte ... Usually this means that a big exchange is consolidating its UTXOs. Looking into the queue today I noticed some heavy tx from Bitmex and Luno. They can stay in the queue for a while, miners will mine higher fees transactions first and eventually mine these only when nothing left to mine remains in the queue. |