I have two testnet4 nodes, both running Bitcoin Core v30.2 and I use estimatesmartfee API calls to guess fees on the network.
I have noticed over time that the estimates vary widely on both nodes and sometimes also by the conf_target.
Is there any possibility to make this estimate more reliable?
E.g. it currently return on node01:
$ bitcoin-cli estimatesmartfee 3 economical
{
"feerate": 0.00000974,
"blocks": 3
}
$ bitcoin-cli estimatesmartfee 10 economical
{
"feerate": 0.00100314,
"blocks": 10
}
$ bitcoin-cli estimatesmartfee 50 economical
{
"feerate": 0.00000988,
"blocks": 50
}
(please note that the conf_target: 10 has larger fee than for conf_target: 3).
and on node02:
$ bitcoin-cli estimatesmartfee 3 economical
{
"feerate": 0.00100369,
"blocks": 3
}
$ bitcoin-cli estimatesmartfee 10 economical
{
"feerate": 0.00063429,
"blocks": 10
}
$ bitcoin-cli estimatesmartfee 50 economical
{
"feerate": 0.00063429,
"blocks": 50
}
