Mempool Redux

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Update:  Miners unexpectedly dumped 1400 BTC the next day.   Do you think that's a coincidence?  

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Between August 9th and 10th, Bitcoin dumped 120K transactions into the mempool in a little over 24 hours with average daily transactions of 432K  ((506K on 9th + 358K on 10th)/2) and Bitcoin's technical limit of 600K.   28% of that period's transactions were shunted into the pool where most will expire in 14 days because Bitcoin can't keep up.

Twenty-eight percent discarded.

Pretty much what I predicted in December. Bitcoin is a network, not a discrete retail product. It has fixed operating costs regardless of the number of miners. When 1/2 of the miners go bankrupt, the remaining miners inherit their costs. Six men carrying a casket, one man falls. What happens to the other five?

Do you still have money in this brewing trainwreck?