Overheard from a major mining pool:

"Flashbots is cause of recent low gas prices as traders shut down their PGA bots"
Is there any data to support this? 🤔

I would love to be able to claim my transmutation succeeded. https://twitter.com/thegostep/status/1300174481734983684?s=20
We started thinking about flashbots during Defi summer when fees were at 500+ gwei

My hope was that if we built it and miners adopted it, flashbots would be able to significantly reduce gas prices paid by regular ethereum users, while increasing miner fees overall
With 58%+ of hashrate now being activated on flashbots, it seems like we are crossing the threshold where PGA bots can no longer compete

PGA bots get beat by flashbots almost every time
This thread is getting a lot of attention, the recognition should go to those @ flashbots who are actually doing the work: @phildaian @tzhen @epheph @ObadiaAlex @jparyani @fiiiu_ @bertcmiller @tkstanczak @EdgarArout @taarushv @LukeYoungblood @sui414 https://twitter.com/thegostep/status/1381311165314260994
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