Bitcoin: A Peer-to-Peer Electronic JPEGS System

[StackItUp]

miners should be doing okay nowadays, right ?

[1714681271]

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[1714681271]

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[philipma1957]

miners should be doing okay nowadays, right ?

Not as well as you may think. 8.48 cents a th  which is better than 5.97 cents a th but the ½ ing looms closer and closer.

That 8.48 cents becomes 4.25 cents at the ½ ing which is a disaster.

[albert0bsd]

miners should be doing okay nowadays, right ?

Good joke   Bitcoin: A Peer-to-Peer Electronic JPEGS System

I think that Satoshi is hitting his face on the wall after see all those ordinals on the bitcoin blockchain.

That 8.48 cents becomes 4.25 cents at the ½ ing which is a disaster.

This means that we are going to see higher transactions fees in the future and more if those ordinals keep spamming the network,

Something that bothers me is that todays there are near ~300K transactions and fess are over 175 sat/vB, But some monts ago the number of pending transactions was over 600K and the fees don't get that high, i remeber only fees of some 50 sat/vB

[StackItUp]

solid tweet:
https://twitter.com/CryptoTea_/status/1725514539838439455?t=djzOunqvxTypAN2F2ws1VQ&s=19

[Artemis3]

I'd say: "A Peer to Peer cloud database system" thanks to recent changes and relaxing of the protocol consensus rules...