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Satoshi Gazette
Data DeskLocal model / network observation

Bitcoin Blockspace

Test a fee scenario at the Settlement Bench, then inspect one node’s queue and a recent block sample. Model assumptions and source readings are kept separate.

Network readings

Partial

Page evaluated · 1 Oct 2026, 04:17 UTC

Local model · no wallet required

The Settlement Bench

Space, not the amount sent. Explore what a transaction’s virtual size and a fee rate add up to. This is arithmetic, not a quote or a promise of confirmation.

01 / Start with an example size

Both examples spend native SegWit (P2WPKH) inputs to two P2WPKH outputs: a recipient and change. They are not universal payment sizes.

Or enter your wallet’s virtual size, not its raw byte size.

Illustrative starting rate · not a source reading

How the example sizes are built

Each example assumes a 72-byte signature including the sighash byte and a 33-byte compressed public key per input. Actual signatures, scripts, input selection and change can alter the size.

One input · two outputs: 113 base bytes × 4 + 110 witness-related bytes = 562 weight units. Divide by 4 and round up: 141 vB.

Four inputs · two outputs: 236 base bytes × 4 + 434 witness-related bytes = 1378 weight units. Divide by 4 and round up: 345 vB.

Base bytes: 10 overhead + 41 per input + 31 per output. Witness-related bytes: 2 marker/flag bytes + 108 per input. All example counts use one-byte lengths.

Definitions: BIP141 weight and virtual size; transaction serialization.

02 / Your scenario · calculated locally

282 sats

141 vB × 2 sat/vB, rounded up to a whole satoshi.

Size: one input · two outputs example.

Same size, different rates Illustrative rates—not confirmation targets.
Rate · sat/vBFee · sats
1141
2282
5705
101,410

No send amount, address or wallet connection is needed. Inputs stay in this page’s memory; this bench does not send or save them. Reloading resets the example.

Model settlement-v1: ceiling(vB × sat/vB). The 100,000 vB and 100,000 sat/vB limits are tool bounds, not validity or relay checks. This does not model unconfirmed ancestors, replacement fees, child-pays-for-parent, dust, or wallet policy. Check the wallet’s final transaction size and fee. No confirmation time or personalised recommendation is supplied.

The observed network

Read the queue, not a promise

Source observation time is not supplied. Responses use a two-minute revalidation policy; page evaluation does not reset their age.

Tip height

969,391

Latest block returned by the public node.

Queue

43.4blocks

One block equivalent is one million vbytes.

Transactions waiting

79,976

0.0914 BTC in offered fees

Next-block fee

2.52sat/vB

Estimator, not a guarantee.

Miner fee share

0.45%

Across 15 recent blocks; all fee and reward inputs required.

Fee ladder

What the estimator returned

sat/vB

Next block2.52
About 30 minutes1.45
About one hour0.74
Economy0.20

Pressure reading

backlogged, cheap

The queue is deep while the source estimates a low next-block fee. Queue depth alone does not set the fee; inclusion remains uncertain. A mempool is local to a node, so another node can see a slightly different queue.

Recent block interval

8m 50s

Average across the returned block sample.

Full blocks

93%

Weight at or above 3.9 million units.

Fees per block

0.0142BTC

Recent sample average; every block needs a fee value.

Transactions per block

4,737

Recent sample average.

PartialEndpoint readings & estimates

Readings are available; a common source observation time is not supplied.

Source observation
Not supplied
Page evaluated

Responses use a two-minute revalidation policy and can have different ages. Endpoint links can return a later reading; this is not an archived receipt.

One node’s mempool, not the whole network. Fee estimates do not guarantee confirmation.

Why it matters

Bitcoin does not sell “transactions per second.” It sells scarce, ordered settlement space. The queue shows demand for that space; the fee share shows how much miners earned from users rather than new issuance.