BEHOLD THE MYTH that spam brings more fee revenue to a miner. Two blocks mined back-to-back. The first block, signalling for BIP-110, contains zero inscriptions, OP_RETURNs, or other arbitrary garbage: ~2,500 transactions in total, not even full, yet it still generated about $1,200 in fees. The second block, mined by the Chinese pool, with over 90% of its blockspace taken by spam: ~6,500 transactions in total, yet it produced only about half the fee revenue of the spam-free block — despite including 2.5x more transactions. It’s not the “ideological” miners who are acting against their economic interest. It’s the spammy ones.

GM. Professor “Where are the Bitcoin servers located” Jiang thinks Christ was a well articulated religious thinkboi. Have a nice day anons.

Fireworks in Malta. Hope everyone is safe.