Weekend means low transfer fees, time to sweep the dust.


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Just thought I would send out a friendly reminder that over the weekends there is generally reduced traffic on the network, which means much lower transfer fees. For those of you with old wallets with lots of small unspent outputs in them you may want to consider "sweeping" them into a single output address while the fees are low.

This helps the network if you later on decide to spend during a peak time, since you can then make a small transaction with only a single input, rather than lots of small ones. Also, it reduces memory requirements for people running full nodes as they have fewer UTXO addresses to keep in memory.

Right now there are transactions clearing in the 50-60 sat/byte range and it will likely get down into they 20-30 range at some point during the weekend.

submitted by /u/andrewbuck40
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