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Topic: 15btc transaction fee, big mistake - page 12. (Read 12683 times)

sr. member
Activity: 350
Merit: 251
Shit, did I leave the stove on?
March 03, 2016, 04:09:28 AM
#48
Oh God this must be the highest fees I have ever seen in a transaction. I think this must be human error and not some script messing up and sending the wrong fees. I hope the sender is doing OK and not taking this too seriously on himself.
legendary
Activity: 1442
Merit: 1016
March 03, 2016, 04:05:23 AM
#47
Oh Geeez!!
And the lucky winner is F2Pool!
Congratz gentleman!
A block which includes fees worth 60% of the actual reward.
legendary
Activity: 1862
Merit: 1046
March 03, 2016, 04:03:16 AM
#46
OMG I can not imagine if it happened to me Cry

I do not know how fees could be as big as it was, should not change the fees and let it automatically.
legendary
Activity: 2170
Merit: 1427
March 03, 2016, 03:59:57 AM
#45
even a fee with 15 btc will not make his transaction more faster than any other people with proper fees,i assume the sender forget to set the currency in USD so he think he's sending right amount of fees with value 15 USD  while he didn't realize that the currency still bitcoin

Well, a pool will always prefer to include a transaction with such a high fee over a transaction with a normal fee. Especially when the size of the transaction is just 0.23KB. It's peanuts for the pools.
legendary
Activity: 1218
Merit: 1003
March 03, 2016, 03:59:05 AM
#44
even a fee with 15 btc will not make his transaction more faster than any other people with proper fees,i assume the sender forget to set the currency in USD so he think he's sending right amount of fees with value 15 USD  while he didn't realize that the currency still bitcoin

I would guess that they wanted to increase the fee they pay due to the full blocks problem at the moment.  Maybe they wanted 1.5mBTC or even 15mBTC as a fee, but messed it up.

It is a fairly crazy problem to have, on the one hand it is awful for the person who sent it.
On the other hand, they had at least 18BTC, so probably aren't poor!  Hopefully they are very well off and won't miss $6k
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
March 03, 2016, 03:54:28 AM
#43
even a fee with 15 btc will not make his transaction more faster than any other people with proper fees,i assume the sender forget to set the currency in USD so he think he's sending right amount of fees with value 15 USD  while he didn't realize that the currency still bitcoin
legendary
Activity: 812
Merit: 1000
March 03, 2016, 03:57:05 AM
#43
I'm looking at it and wow!  Four confirmations....ouch....Is there any imaginable way to reverse that transaction or remedy it in anyway?  Could it have been on purpose?  Some ledger manipulation thing or something, or was just fat fingered?

whoever mined block #400893 and collected the fee can return them if they choose to do so. bitfury did that in the past. (someone correct me if I'm mistaken.)
don't know if that was just a mistake or not.

Someone would have to confirm the mistake and prove its them.  I think if they did that the miner should return the mistake and show we dont need gov to force moral judgement. Watch this space i guess.
hero member
Activity: 798
Merit: 1000
Move On !!!!!!
March 03, 2016, 03:52:38 AM
#42

the mining fee is divided proportionally by the hash of the miners right? if you have 1/10 of the hash you get 1/10 of the total fee?

No. Only one party (the one mining the block) will get 100% of the money.

wait, how it work with pool then? it must be divided in the end, or the pool get all the money from fees?
I think you're confusing Bitcoin protocol with pool rules. The pool first gets the BTC for the block, and might or might not pay the transaction fees as the part of dividends
sr. member
Activity: 532
Merit: 253
March 03, 2016, 03:51:44 AM
#41

how the hell can someone goes wrong like this in put the fees, there's a possibility that this tx was a sort of test?
member
Activity: 92
Merit: 10
March 03, 2016, 03:50:36 AM
#40

the mining fee is divided proportionally by the hash of the miners right? if you have 1/10 of the hash you get 1/10 of the total fee?

No. Only one party (the one mining the block) will get 100% of the money.

wait, how it work with pool then? it must be divided in the end, or the pool get all the money from fees?

The pool gets all the money (25 BTC+fees) and can then distribute the money to its users. Or not, depending on the pool operator and its rules. This is not part of the bitcoin protocol.
legendary
Activity: 2786
Merit: 1031
March 03, 2016, 03:49:29 AM
#39
At least he got his transaction confirmed quickly. Smiley

F2Pool will return his money, I guess.
legendary
Activity: 3248
Merit: 1070
March 03, 2016, 03:49:03 AM
#38

the mining fee is divided proportionally by the hash of the miners right? if you have 1/10 of the hash you get 1/10 of the total fee?

No. Only one party (the one mining the block) will get 100% of the money.

wait, how it work with pool then? it must be divided in the end, or the pool get all the money from fees?
newbie
Activity: 42
Merit: 0
March 03, 2016, 03:46:36 AM
#37
Srsly.. I wish I've 30t/h for mine that coin.. 25 plus 15... Omg.. That person could just buy 20 unit s7 foc
member
Activity: 92
Merit: 10
March 03, 2016, 03:44:51 AM
#36

the mining fee is divided proportionally by the hash of the miners right? if you have 1/10 of the hash you get 1/10 of the total fee?

No. Only one party (the one mining the block) will get 100% of the money.
legendary
Activity: 3668
Merit: 6382
Looking for campaign manager? Contact icopress!
March 03, 2016, 03:36:46 AM
#35
My guess is that either somebody tried to learn how to make transactions by hand, either he/she thought that's playing on testnet.
However, it seems to be somehow software development related.

Just I cannot imagine who would do tests with such a fat wallet.
legendary
Activity: 2170
Merit: 1427
March 03, 2016, 03:26:08 AM
#34
I just noticed it, that must hurt for that person. Someone's loss is a win for the other. F2Pool will surely not complain about it. Nowadays there are more and more blocks where the total amount of collected fees exceeds 1BTC. I think one day ago I have seen one block with more than 4BTC in fees.
legendary
Activity: 1582
Merit: 1006
beware of your keys.
March 03, 2016, 03:05:21 AM
#33
that's unexpectedly funny. Grin
that miner is now enjoying big money with their miners, no matter pool or not. this led to faster block halving however.
full member
Activity: 180
Merit: 100
March 03, 2016, 02:50:15 AM
#32
Buying stuff while drunk can make you do those kind of error... Wink
legendary
Activity: 3248
Merit: 1070
March 03, 2016, 02:42:01 AM
#31
maybe he is a miners? or control a very large portion of the mining activity, a bit of a joke but it could be  Cheesy

the mining fee is divided proportionally by the hash of the miners right? if you have 1/10 of the hash you get 1/10 of the total fee?
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
March 03, 2016, 01:01:46 AM
#30
That is going to be one pissed off Russian, if you ask me. It looks like the node being used were somewhere in Russia. Lesson : Never transfer money when you had a little too much Vodka. ^hic^ Why do you think this is
being manipulated? It could just be some typo or someone desperate to get a urgent transaction through. Just last week, I made a mistake in internet banking and I transferred double the amount I owed to a service I had to pay. Now I have to wait 21 days for this service to return the money. It sucks and I feel for this person, because he has to hope some miners takes pity on him and return some of his fee. ^hmmm^  
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