History

Block Analysis: Height 896568

Overview

Block height 896568, mined by MARA Pool, presents intriguing data that merits closer examination, particularly regarding transaction composition, fee structure, and miner activity.

Key Insights

• Transaction Volume:

  • The block contains 2058 transactions, a notable decrease from the 3048 transactions observed in the previous block (896567). This sharp drop in transaction count could indicate varying network demand or a temporary fluctuation in usage patterns.

• Coinbase Value:

  • The coinbase value is 318,890,750 sats, which is an increase compared to the preceding block's 318,337,555 sats. This increment signals higher mining rewards, potentially reflecting the miner's increased reliance on transaction fees or more competitive mining conditions.

• Total Fees:

  • The block's structure exhibits a total of 106,400 sats in the highest fee transaction. This is significantly higher than the top fee from the previous block, which was 59,600 sats. Such a rise in transaction fees can indicate growing urgency for users to prioritize their transactions during periods of congestion.

• Transaction Size and Weight:

  • At 1,444,118 bytes, the block size is relatively large, almost approaching the limits established by block weight regulations. Its weight is 3,993,260 units, suggesting a highly packed block which could have been strategically filled given the current network conditions.

Block 896567 Overview

• Miner: F2Pool
• Coinbase Message: 7,mm$^uV%fM@]|H2,x/F2Pool/h0
• Coinbase Value: 318,337,555 satoshis
• Total Transactions: 3,048

Top 3 Transactions by Fee

1. Transaction ID: 599c88c6e8f786dcbe755293d23e7ad5d261f320fd768d86fcd1264ae6e91ad5
   • Fee: 59,600 satoshis
2. Transaction ID: 18061e87713031f1c5398fafa35ac1685557d201a8cf1b4912f3c5aedfb6e63d
   • Fee: 48,758 satoshis
3. Transaction ID: 92e0826987a50e4e22ee4603f5dd13370b5d40719ee8f34c5f98849ae9ecb116
   • Fee: 47,039 satoshis

This summarizes the mining details and fee information for the specified block. If you have further inquiries, feel free to ask!

Latest Block Mining Information

The latest block, at height 896564, was mined by 4/ULTIMUS/787HZFMM"'|;JAC]DO!GDS^~@.

• Timestamp: 1747150644
• Coinbase Message: 4/ultimus/787HZFmm"'|;jAc]DO!GdS^~@
• Coinbase Value: 315,953,883 sats

This block contains a total of 3,185 transactions and includes an OP_RETURN in the coinbase transaction.

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Insights from Block 896493

General Overview

Block 896493, mined by F2Pool, showcases several noteworthy technical characteristics that emphasize underlying network dynamics. Unlike its predecessor (block 896492), this block occurs with a markedly lower transaction frequency and an increased size, which indicates a distinctive transaction pattern.

Transaction Count and Fe a

• Total Transactions: 844, which is significantly lower than the previous block's 954. This reduction suggests a temporary downturn in transactional throughput.
• Coinbase Value: 313,854,408 sats, aligns closely with prior block values but is notable for the substantial portion dedicated to miner fees.

Size and Weight Metrics

• Block Size: 386,060 bytes, a reduction from the 1,203,044 bytes of the previous block, indicating fewer complex transactions or a consolidation of data.
• Weight: 965,144 units signifies a substantial reduction, impacting block verification times and demonstrating the changing landscape of transaction aggregation.

Fees and High-Value Transactions

• Top Transaction Fee: The leading transaction boasts a fee of 100,000 sats, an unexpected spike compared to the previous block's highest fee of 29,667 sats. This illustrates potential user prioritization in confirmations, perhaps driven by urgent transaction requirements or market conditions.
• Notable Fee Transactions:
  • High fees can incentivize miners to prioritize specific transactions, especially during times of network congestion.

Wallet Types and Script Utilization

• Diverse Wallet Types:
  • V0_P2WPKH: 24 transactions reflect increasing adoption of Segregated Witness protocols.