Block production is still reduced by ~25%. The mempool now has the greatest depth since December 15th, and the top feerate is more than double that of the February peak.
Yet, fees per block are still below 2017's record in $, and no where close of a record in ₿.
“Block production is still reduced by ~25%. The mempool now has the greatest depth since December 15th, and the top feerate is more than double that of the February peak. Yet, fees per block are still below 2017's record in $, and no where close of a record in ₿. #mempoolreport”
RT murchandamus:
[1]: Last night, all txs with 8+ sat/vB got cleared, still leaving a queue 127 blocks deep.
[2]: The visualization of a default-sized mempool (last 30d) shows how often it overflowed. On Thursday it had even started dropping txs in the 4-5 sat/vB band.
https://twitter.com/murchandamus/status/1361356556428836871
Mempool by vBytes (sat/vByte) - 3 Month Chart:
https://mempool.space/graphs#3m
FrankJamesBailey
CryptoCoin ☑️