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How do you get that the median is between $8/kB and $4/kB from that page? I assume you are looking at the middle chart: https://anduck.net/bitcoin/fees/fpkb_10
by MarkSweep 9y ago
How do you get that the median is between $8/kB and $4/kB from that page? I assume you are looking at the middle chart:
https://anduck.net/bitcoin/fees/fpkb_1008blocks.png https://anduck.net/bitcoin/fees/fpkb_1008blocks.png
It looks like the green bars (median) are at most $50/kB to $70/kB, with a good number of dips to $30/kB and some to $12/kB.
Edit: it is a confusing chart because it has mBTC/kB on one side and USD/kB on the other. And also it assume a constant exchange rate, so it does not reflect the actual price of those transactions at the time they occurred.
- DINKDINK 9y ago>How do you get that the median is between $8/kB and $4/kB from that page? I assume you are looking at the middle chart: The middle chart is showing the median of that block's fees. I'm referring to the median of the last week's worth of confirmed transactions. That's show in the right hand side of the first chart with the, implied, cumulative distribution function.