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Well, gas prices are insane right now so no doubt bots are bidding them up. Gas prices hit 250 gwei or so 2 weeks ago. $150 fees for some of these contracts and
by sickygnar 6y ago
Well, gas prices are insane right now so no doubt bots are bidding them up. Gas prices hit 250 gwei or so 2 weeks ago. $150 fees for some of these contracts and arbitrage aren't abnormal.
Here is a $188 transaction fee - looks like they were trying to "mine" compound from a $5 million flash loan? https://etherscan.io/tx/0x0d5def630cd20a1a24389982e99801e011bc3859293ba664a6823799221f533d https://etherscan.io/tx/0x0d5def630cd20a1a24389982e99801e011...
- iSnow 6y agoThey farmed $4140 before tx fees and interest, so they made about $4k. Not too shabby...
- marcell 6y agoCurious, you seem pretty well informed about Ethereum, blockchain, etc. Do you work in the space?
- iSnow 6y agoWish I were, but I am too old to work in a start-up, and I have family to feed so I won't work for $30k/y. I am just spending all my free time reading up on the stuff - to me, it's the most interesting tech revolution since the early web of the 1990's