Topic: Antpool batch payout = 168 BTC, transaction fees: 40k satoshi?!? (Read 479 times)
Fees are based on transaction size, not value transacted. This is normal.
August 09, 2017, 01:25:20 AM
i think this is wrong
August 08, 2017, 11:30:48 PM
What's wrong with that?
A 112.46 satoshis/byte fee is relatively a high fee for the current Bitcoin network situation.
That's one of Bitcoin's good part. The fees you pay are not determined by the amount sended. You can either send $1 or $1.000.000 in a single transaction, but your fees will be the same.
P.s: It's 400k satoshis (~$14), not 40k.
A 112.46 satoshis/byte fee is relatively a high fee for the current Bitcoin network situation.
That's one of Bitcoin's good part. The fees you pay are not determined by the amount sended. You can either send $1 or $1.000.000 in a single transaction, but your fees will be the same.
P.s: It's 400k satoshis (~$14), not 40k.
August 08, 2017, 09:04:24 PM
So they just paid the miners $1.50 to send around about a half million dollars?!?
https://live.blockcypher.com/btc/tx/3b70c8c44cc6dcd0ff2a82681329c8d14bc9e0399c20430dbd6c653127f6f67f/
Am I reading that right?
https://live.blockcypher.com/btc/tx/3b70c8c44cc6dcd0ff2a82681329c8d14bc9e0399c20430dbd6c653127f6f67f/
Am I reading that right?
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