mempool
raspibolt
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mempool | raspibolt | |
---|---|---|
1,591 | 139 | |
1,769 | 1,194 | |
4.9% | 0.5% | |
9.9 | 7.9 | |
1 day ago | 20 days ago | |
TypeScript | Markdown | |
GNU General Public License v3.0 or later | MIT License |
Stars - the number of stars that a project has on GitHub. Growth - month over month growth in stars.
Activity is a relative number indicating how actively a project is being developed. Recent commits have higher weight than older ones.
For example, an activity of 9.0 indicates that a project is amongst the top 10% of the most actively developed projects that we are tracking.
mempool
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It's costing $188 to move $4.09 of Bitcoin
The submission is a page from r/Buttcoin, a Bitcoin-hater subreddit, with a random screenshot making the $188 for $4.09 complaint.
For those who don't know, Bitcoin on-chain transactions fees are not proportional to the amount sent, and it is common knowledge that $5 on-chain transactions are not practical. There are other solutions for sending smaller amounts.
Fees are currently spiking, but according to mempool.space (as I post this) an average on-chain transaction with ~$10.50 in fees will be confirmed within 30 minutes. See: https://mempool.space for details.
So this is not a very accurate, informative or helpful submission.
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They put up the minimum withdrawal for bitcoin and now I'm sad.
That's about 50$? I don't blame them https://mempool.space/
- ELI5: Wallets, Exchanges, Fees
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BTC's Luke Dashjr: '24 Bitcoin Core Update Will Disrupt Ordinals, BRC-20
get some theory of mind. you are a person who is willing to pay onchain fees to use your trezor or open a channel. there are people in the world who are not willing to pay these fees and they probably outnumber you. and the plan has been spelled out in plain english a million times. the fees are supposed to go up by design. this means that most people will not self-custody, whether it is legal or not, and even if they would like to.
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Meaning of display numbers.
I’m not an expert so someone smarter than me can clarify, but the high/priority rate is the going rate (estimate) to get confirmed on the next block. Medium is the average rate for those transactions to be confirmed next. You can see current and historical rates at mempool.space.
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About Mycelium: Why has my tx fee increased by 1000 times?
The current fee to get into next block is about 40 sats/vB.
- bitcoin transaction fee too high in trust wallet
- Question about fees
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BTC transaction fees, WTF?
Check mempool.space for a better idea of how big a fee you need to offer to get into the next block.
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My First Bitcoin!!!
The mempool is a bit crowed now. A few weeks ago it was only around 5 - 10 cents, and now it is between 3 and 13 dollars. (yesterday even 25 dollar) If you have a lot of UTXO's it can be very expensive to consolidate them all. In that case I would wait till the mempool is less crowed for lower transaction fees. it is important to understand that whirlpool or wasabi wallet will take many UTXO's (transaction fees) to mix your coins and maybe in the future exchanges don't want to touch your mixed coins. I mixed all my KYC coins as I'm not planning to exchange my bitcoin for fiat via a exchange in the future.
raspibolt
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I've opened my first LN Channel
For those interested in setting up a their own lightning node, check out Raspibolt, Umbrel, Plebnet .
- So I finally run my own node
- Unconfirmed balance and pending open balance - RaspiBolt
- Done syncing my full node. What's next?
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POLL: Best Lightning Wallet (noncustodial)
That said, the benefits of using and understanding lnd directly are huge. I strongly recommend the raspibolt tutorial to anybody who is willing to learn to run a simple linux system via command line.
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Is my Bitcoin Node operational?
So overall I recommend you to start from the scratch using at least a 1TByte SSD, better 2. And either follow https://raspibolt.org/ for full sovereignty. Or if that seems too difficult for you look into https://raspiblitz.org/.
- Questions for a Bitcoin Expert
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Guide to build a node
If you want an actual guide with a lot of the bells and whistles explained I recommend https://raspibolt.org/
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A new full node is born.
The main sources of information to build my full node are Ministry Of Nodes’ video tutorials on YouTube and the incredible RaspiBolt guide. Both have been very useful to get me started in this beautiful project, but I faced some issues every now and then due to the fact that I was dealing with newer versions of the apps and things didn’t work out of the box all the time so I had to RTFM here and there.
- Bitcoin full node
What are some alternatives?
btc-rpc-explorer - Database-free, self-hosted Bitcoin explorer, via RPC to Bitcoin Core.
raspiblitz - Get your own Bitcoin & Lightning Node running - on a RaspberryPi with a nice LCD
umbrel - A beautiful home server OS for self-hosting with an app store. Buy a pre-built Umbrel Home with umbrelOS, or install on a Raspberry Pi 4, Pi 5, any Ubuntu/Debian system, or a VPS.
umbrel-os - umbrelOS for Raspberry Pi 4 (only). Covert your Raspberry Pi into a home server in one click. For other hardware, checkout https://github.com/getumbrel/umbrel
BTCPay Server - Accept Bitcoin payments. Free, open-source & self-hosted, Bitcoin payment processor.
DietPi - Lightweight justice for your single-board computer!
trezor-firmware - :lock: Trezor Firmware Monorepo
mynode - The easiest way to run Bitcoin and Lightning!
electrum - Electrum Bitcoin Wallet