Steve Sokolowski wrote:Yesterday's fees were $343.
The average transaction fee on the network is now $16 per person.
@Steve, Are you 100% sure about this? Something seems off here. After Segwit activation i've experienced significantly lower fees on the network personally when sending funds.
For example, here's a transaction log from another pool I mine on a couple of days ago:
https://blockchain.info/tx/b1459c700f51d340e8cb7c2f7febd0bf561d66568c43f206bae7fd0fbc450e64
Payment was sent out in BTC to over 85 addresses and the total fee was ~$150 USD . That puts it at about $1.70-$2.00 per address.
Before the Nicehash debacle, they were also starting to dynamically calculate fees based on the recipient address. In the last few months, never did I end up paying over $5.00 to withdraw from NH.
If i was to send myself $40 USD from my trezor for example, there's no way the transaction fee would end up costing $16 (i actually just tried it and the fee was $3).
Just asking, because it seems like Segwit could work to PH advantage to get these fees lower. Is there a PH system limitation that's forcing these higher fees? I'd just love to understand why your fees are so much more expensive from everything else I've experienced personally.