BTC total fees per block just jumped from the 50K range to well over $1M

Oooh, the Fee MarketTM in action!

Reference mempool.space

#840000 $2.4M no surprise there #840001 $286K #840002 $446K #840003 $1M #840004 $1.5M #840005 $1.7M pending 

Did the fee calculators break, or do these people really need to be in the next block that badly?

bitcoinfees.cash shows $319 $397! to get in next block

Was this everyone trying to get a trx to land in #840000 :)

Conspiracy theory... someone is subsidizing the fees to prevent miners from switching to BCH. Regardless, the Miners should enjoy the bonus cash while they can.

I guess it was worthwhile to pop some corn.

edit: now $397 for next block

submitted by /u/bitmeister to r/btc
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Quelle: bitcoin-en