According to @adam3us, spam-related activity currently accounts for about 1.5% of the Bitcoin fee market, with a crude estimate that roughly 1% of excess fees comes from spam rather than standard transactions and that spam displaces other transaction fees, source: Adam Back on X, Sep 5, 2025. According to @adam3us, if fees remain persistently higher, miners respond by buying more ASICs, source: Adam Back on X, Sep 5, 2025. For traders, this dynamic can expand network hash rate and lead to higher future difficulty, directly affecting on-chain transaction costs and settlement timing, so monitor fee rates and the next difficulty adjustment window, source: Bitcoin.org Developer Guide; source: Adam Back on X, Sep 5, 2025.

According to Adam Back, Bitcoin is owned by humanity, protocol developers are stewards who need user consensus to change it materially, Bitcoin is about money, spam has no place in the timechain, and what defaults the Bitcoin Core project sets in the reference client matter for the network. Source: Adam Back on X, Sep 5, 2025.

According to @adam3us, Bitcoin miners are including 'spam' transactions and he directed readers to BitMEX Research’s article Removing Bitcoin’s Guardrails for context. Source: Adam Back on X, Sep 3, 2025 https://twitter.com/adam3us/status/1963388838350360694; BitMEX Research blog https://blog.bitmex.com/removing-bitcoins-guardrails/ For trading decisions, this draws focus to monitoring BTC fee rates, mempool backlog, and miner revenue sensitivity when miner transaction-selection practices face scrutiny. Source: Adam Back on X highlighting miner inclusion of 'spam' https://twitter.com/adam3us/status/1963388838350360694; BitMEX Research blog providing referenced analysis https://blog.bitmex.com/removing-bitcoins-guardrails/