Yeah, if using core/electrum it really sucks at fee estimation (often wind up overpaying by 2-3x)
So setting a block target is pretty suboptimal. Setting the miner fee directly, according to current mempool is best, I think.
One really useful thing is to go over the logs and see exactly what you paid to each of the makers and the miner for each transaction. Gives a good post-mortem for helping to optimize for next time
5-MeO-DMT
npub1z5…34f09
2024-05-04 17:39:35
in reply to nevent1q…wet3
Author Public Key
npub1z5xm3fh6qgf34j6v5gly29hwd3pnml5t6fs7xspgtg8c0rfyxt4s534f09Published at
2024-05-04 17:39:35Event JSON
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"pubkey": "150db8a6fa02131acb4ca23e4516ee6c433dfe8bd261e340285a0f878d2432eb",
"created_at": 1714837175,
"kind": 1,
"tags": [
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"content": "Yeah, if using core/electrum it really sucks at fee estimation (often wind up overpaying by 2-3x)\nSo setting a block target is pretty suboptimal. Setting the miner fee directly, according to current mempool is best, I think. \n\nOne really useful thing is to go over the logs and see exactly what you paid to each of the makers and the miner for each transaction. Gives a good post-mortem for helping to optimize for next time",
"sig": "c5a78e77d42a46cd9183645f0e3399438c14a46fe16bd1fc8e373fef5ec87b81d810758ab4b1d9a278b651f66919a8b318681208e88ac5c6b6670627663b1cab"
}