[2016-05-12] Bitcoin Foundation Receives $65,000 from Mystery Mining Pool

a7mos

hero member

Activity: 574

Merit: 500

Quote from: aso118 on May 12, 2016, 11:34:21 AM

Why give it to the foundation?
Why not send it back to the poor soul who sent those transaction fees?

AFAIK because they are not sure this person still have access to the address. so sending them without knowing that may destroy these coins forever

aso118

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Activity: 1918

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★Nitrogensports.eu★

Why give it to the foundation?
Why not send it back to the poor soul who sent those transaction fees?

LiteCoinGuy

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Activity: 1148

Merit: 1014

In Satoshi I Trust

"given that the average transaction fee at the time was 31 satoshis, or less than $0.01."

Huh

...........MOOOOOOOOOOOON! Cheesy

alani123

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Activity: 2422

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Leading Crypto Sports Betting & Casino Platform

Well, that was unexpected.

Quote

Additionally, the donation will help fund a research grant on the study of bitcoin security issues, to be conducted by Nick Szabo, the cryptographer credited with coining the term “smart contracts” as well as the tech’s key underlying concepts.

And it keeps getting weirder.

Y.Job

member

Activity: 70

Merit: 10

Check my CyberSecurity Shop

Half of the proceeds from an apparently errant bitcoin transaction, in which 291 BTC (then $136,000) was sent as a fee, has been given away by the recipient mining pool.

The Bitcoin Foundation said today that it received 146 BTC ($65,000) from BitClub, which on 27th April received the fee as part of block 409,008 on the network. The transaction drew notable industry attention and media coverage, given that the average transaction fee at the time was 31 satoshis, or roughly $0.01.

http://www.coindesk.com/bitcoin-foundation-donation-mining-pool/

Topic: [2016-05-12] Bitcoin Foundation Receives $65,000 from Mystery Mining Pool (Read 377 times)