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Author Topic: Augur: Open Source Bitcoin Fee Estimation  (Read 91 times)
Yamane_Keto (OP)
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August 08, 2025, 09:17:52 AM
Merited by Pmalek (3), ABCbits (2), dkbit98 (1)
 #1

I was looking for a comparison between Bitcoin Fee Estimation and found this service  https://github.com/block/bitcoin-augur
I'd like to hear some opinions about it here.

A Bitcoin fee estimation library that provides accurate fee estimates by analyzing historical mempool data. Augur uses statistical modeling to predict confirmation times with various confidence levels.

Features
Predictions based on historical mempool data and transaction inflows
Confidence-based fee rate estimates
Multiple confirmation targets (from 3 to 144 blocks)

How We Measured It
We developed a custom benchmarking tool to evaluate Augur’s accuracy and cost-effectiveness against other major fee estimators. Tests were conducted under both high and moderate mempool volatility.



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dkbit98
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August 08, 2025, 05:04:53 PM
 #2

I can see how Augur can be used for saving fees when making transactions, but bitcoin mempool is usually empty these days.
My standard open source tool for this is mempool.space, and I mostly using lowest No Priority recommendation.
2.8% difference is not a big deal for me to quit using memepool.space.

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Pmalek
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September 01, 2025, 07:13:55 AM
 #3

Some may find it useful but personally I don't. Instead of building Augur from source on GitHub, installing, and configuring it before use, I can just visit mempool.space and compare those fee estimations to what I see on Jochen Hoenicke's website and then make up my own mind. It has worked well so far and I don't see a reason to change.

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