2min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

BTC116: Bitcoin Ordinals and NFTs on Layer 1 of the Protocol w/ Pierre Rochard (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

Luxor Mining Pool

Luxor mining pool that mined this block. They included the block and it had no fee attached to it because they can pick which transaction they want in the block. Luxor basically made the decision on behalf of everybody who was allocating resources to them by choosing one transaction with nofee attached to it. The amount of fees that were collected from mining that block and doing all the work for that block wasn't conducted. But I think that their intent was a good faith view of it would be that they are excited about inscriptions because it's going to create more demand for block space and drive up transaction feeswhich ultimately get paid out to miners.

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