Starting to look like the mempool may not clear over night tonight. Will be interesting to see if these 1’s change, I don’t believe they have since 2017, certainly not the weekly. Looking forward to Bitmex batching and script type improvements.

Never came close to clearing. Just filled up more. Now Bitmex is going to process another days worth of withdrawals...

~1.5BTC in fees per block

Getting sort of close to clearing. But blocks coming in slow. If we don’t clear today, may not have another chance until next weekend. Although perhaps after downward difficulty adjustment mid week.

Free estimation is such a shitshow

-6% difficulty adjustment finally came in. If we don’t clear tonight We probably won’t until the weekend at least.

Lol, nowhere close. Block times since the adjustment are averaging 14.5 minutes. At this rate difficulty would go down another 25% at the next adjustment. Pretty unlikely that they’re actually coming in this slow. I’m guessing we just had a few particularly long blocks.

No, no crazy outliers. Just slow blocks.
I’m expecting some big price movements later today, no idea which way, but we won’t be around here tomorrow. If we go up blocks will speed up. If we go down it’s goin got be a long ~3 weeks if I had to guess.

~12 min blocks since retarget, currently expecting -17% difficulty on June 4! If price keeps falling its just gonna get worse. But this is a great thing honestly. Flushes out a lot of miners who have no business mining. They're too inefficient. Weekly should go up very soon:

Almost cleared, probably will sometime tonight. I never saw a 2 on the weekly, but if it came it didn’t last long.

This thread and Laurent’s thread linked within are all you need to know about the current mempool. Super interesting highly recommend:
https://twitter.com/ziggamon/status/1264233417362878466?s=21 https://twitter.com/ziggamon/status/1264233417362878466