Nick Hansen (Luxor) on Ordinals, Blockspace, and Mining Pools (EP.407)
On The Brink with Castle Island
Mining Pool - What's the Economic Opportunity?
There were talks of Binance paying a really large fee to miners to reorg. But by the time they sort of rallied the wagon, it's just way too expensive. MeV has where we have the highest transaction fee volume as a percentage of block reward that we've seen since the halving. So this is certainly having a material impact on minor rewards. Minor rewards have been at historic lows over the last 12 months. And so from that regard, my customers are minors. And so I'm out there thinking how can I make my customers more money? This is one of those ways.
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