CRYPTO

The $3 Tip That Once Cost $2.40 to Deliver

In April 2024 I tipped a newsletter writer $3. MetaMask charged $2.40 in gas. June 2024: a $2 tip, a $2.61 fee, the tip lost. I kept a log, 19 tips since. February 2026, on Base, 12 tips cost $0.11 in fees. The writer got paid.

Cici Nakagawa
Staff Writer
February 26, 2026 · 4 min read

$3.00 tip, $2.40 fee. That is the receipt Etherscan still shows for April 18, 2024, transaction 0x7f2c…c29e, the afternoon I stood at a bus stop on Halloren Street and sent a newsletter writer three dollars of ETH, and paid the Ethereum network two-forty for the delivery. My thumb did the confirm tap. The bus came before the transaction did.

The stakes were stupid slight, which is the point. The writer runs a data newsletter I have read every Friday since 2023, 1,900 subscribers, no paywall, one tip jar at the bottom of every issue in the form of an ENS address. Three dollars felt right, like buying her a coffee. The fee was 80% of the coffee. Nobody robbed anybody. The network just prices what its block space costs, and in April 2024 it cost alot.

Two months later the ratio went past one hundred, and I kept a log anyway, cuz somebody had to know what slight money actually costs to move, and the answer changed twice in two years. The punchline lands in February 2026 at eleven cents for twelve tips. The network did not get cheaper out of kindness. It moved.

the newsletter with the tip jar at the bottom

The setup: she publishes Fridays, 1,900 subscribers, no ads, one ENS name for tips, a habit she picked up from a 2021 post about on-chain patronage that she cites in every January issue. I had read 60 issues without paying anything, which is a normal number for the internet, and the jar was one tap away on a phone that already had MetaMask installed. That is the whole funnel. One writer, one address, one reader who finally tapped it at a bus stop cuz a piece about blob storage made me laugh on a Tuesday.

june 2024, the tip that lost

June 14, 2024, gas spiked, and my $2.00 tip on a piece about data availability carried a $2.61 delivery charge. The fee beat the tip. Etherscan lays it out without sympathy: 0.00059 ETH to her, 0.00077 ETH to the network, both figures locked at the block. I screenshotted it at the same bus stop and began the spreadsheet that night, three columns, date, tip, fee. Some people keep receipts for anger. I keep 'em for ratios.

nineteen receipts in a folder

The log, thru this week: 2024, seven tips, $21.00 tipped, $9.42 in fees, worst ratio 131%. 2025, zero, a bad year for my attention and nobody else's fault. 2026 through February, twelve tips on Base, $31.00 tipped, $0.11 in fees. Totals: nineteen receipts, $52.00 to writers, $9.53 to networks. That $9.53 could have been two more tips or one nice dinner for the main writer, and instead it evaporated into block space, which is the most honest description of gas I can give.

the arithmetic of small money

Flat version, for anyone who thinks in percentages. Fee against tip, April 2024: 80%. Fee against total spent: 44%. The writer's actual take: the full $3.00, cuz gas comes from the sender and never touches her side. The absurdity was mine alone and it was structural, not accidental: every slight transaction on mainnet bids for the same 30 million gas per block, and my coffee money stood in the same line as arbitrage bots with thousand-dollar payloads. The line does not care why you are in it. It prices the spot.

Gwei made it worse to look at. Twenty on a quiet Tuesday, eighty on a mint day, and the gas converter app on my home screen worked harder than anything else I owned. My brother asked why I did not just Venmo her. Fair question. The answer was principle, the money was sposed to arrive as money, no platform, no hold, no terms of service, and principle turned out to carry a cover charge.

Base, and fees under a penny

January 2026, she added a Base address to the jar, an Ethereum layer 2, and the economics inverted. Twelve tips in seven weeks. Fee per tip: one cent, sometimes less, settlement in about two seconds. Same address format, same MetaMask, one network switch I barely spotted making. Thirty-one dollars of tips for eleven cents of transport. The ratio column now reads 0.4%, 0.3%, 0.2%, and reading it bores me, which took two years to earn.

what the writer actually saw

I asked her, because the log was missing her side of the table. What she sees: a transfer, no invoice, no platform cut, no chargeback window, and she cashes out quarterly, $40 here, $60 there, straight into a Kraken sell order. Her words: "the tips were always real money, they were just expensive to bother with." She said the Base switch doubled her tip count in a month. Sixty issues a year, one jar, zero middlemen. The expensive era was not the tip failing. It was the tip succeeding at a price nobody would design on purpose.

february's eleven cents

The receipts folder holds 19 exports and screenshots, filed under "patronage," a joke that stopped being one. April 2024: $3.00 and $2.40. June 2024: the tip that lost. February 2026: twelve tips, eleven cents. Same newsletter, same jar, different network underneath it. That is it. That is the complete cost history of my coffee money, and the last page of the log is the boring one, and boring was the whole point.