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0 sats \ 0 replies \ @cryptocoin 2 Feb 2023 \ parent \ on: Someone just took up the entire blockspace of a block with a wizard NFT/Ordinal bitcoin
Yes, but with current block size usage, there's not much of a fee market and thus they can do their games for a (relatively) cheap amount. Shrink the max blocksize and the fee per vByte spikes.
Someone wants to pay $2K to stuff in a jpg? Well, miners will be happy (as that is additional tx fee income), but I bet there won't be many more jpegs added due to the cost.