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433 sats \ 3 replies \ @Lux 27 May 2023 \ parent \ on: Significant Shift in Pool Share Distribution on Mempool: Is it Accurate? bitcoin
I'm baffled as to why F2Pool would create outputs of what appear to be dust. If someone here could try and explain this, I'd appreciate it
ordinals. just above the dust level
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0 sats \ 0 replies \ @shibe 28 May 2023
That doesn't seem to check out. First off the address they're repeatedly sending 546 satoshis to is a legacy address. Second, unless they mine their own transaction you'd need more than 546 satoshis to mint even a BRC-20.
Could they perhaps be attempting to collect "rare" satoshis? I have no idea
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0 sats \ 1 reply \ @nkmg1c_ventures 27 May 2023
What's the "dust level"?
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21 sats \ 0 replies \ @Lux 27 May 2023
At the default dustRelayFee of 3,000 sat/kvB, given the size of a P2PKH input being 148 bytes and the size of a P2PKH output being 34 bytes, P2PKH outputs worth less than 546 satoshis are considered dust by Bitcoin Core (546 satoshi being the smallest non-dust value) https://bitcoin.stackexchange.com/questions/10986/what-is-meant-by-bitcoin-dust
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