Thursday 6 May 2021

2 sat/vB transactions are being mined

If you have lots of small inputs in your wallet (expensive to spend when fees are high) this weekend could be the time to do some defragging.

Send yourself a transaction with many small inputs and they get combined into a single input.

Each input uses 148 bytes (less for segwit) so any dusty bits in your wallet over that amount might be worth including in a 1 sat/vB defrag transaction.

Nothing's certain, but with any luck the mempool will clear this weekend and 1 sat/vB transactions will go through. Here's where to keep an eye on the mempool.

EDIT. Sod's Law: no sooner had I made this post than the blockrate slowed significantly and the mempool started building again.



Submitted May 06, 2021 at 06:08PM by dappernock https://bit.ly/3vGSu04

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