Perhaps it is what is encoded in the output script. It must have some purpose.
https://blockchain.info/tx/b6d186f14ac6e33267d352f4762a42a73f7d88513dfddfa1e87d918c580b68f0?show_adv=true
Beyond my knowledge to be honest. But why would they create these transactions, collecting their own fee, and risking block orphanage creating a large block? If they where spamming the network, they would send out low fee transactions to bloat others mempools. They are only reducing there own fee collection by not including higher paying fees. Or they could mine emptier blocks just to push them out of the door and collect the block reward with reducing risk of orphanage.
So my guess is, that this is some system which is storing immutable data onto the blockchain.
Topic: Are Mining pools spamming the network with fake transactions? - page 2. (Read 2035 times)
Maybe they are testing their own LN effects. What gets me is that these transactions are created at the exact same time of the block that they are included in. That is not normal network propagation.
That get's me too.
Are they broadcast at the same time as the block?
Do they even hit the mempool?
Some bitfury blocks are 1/3 full of this address's tx's paying 0.0001btc fee each to send zero bitcoins.
They would be losing out on higher network fees by including these transactions. It appears that they are creating them themselves and stuffing them straight into their own blocks. So possibly one way of creating their own reliable off-chain service?
Example transaction: https://blockchain.info/tx/b6d186f14ac6e33267d352f4762a42a73f7d88513dfddfa1e87d918c580b68f0
That is how it look's.
But these tx's contain nothing but a (low) fee, how is that any service?
------
added
Last 10 blocks mined by bitfury contain 1.147550mb of tx's from 3QQ address. That is 11.4% of their blockspace. (last 24 hour)
bitfury have 10% of Bitcoin's total hashpower.
11.4% blockspace of 10% Bitcoin's total hashpower = 1.14% of Bitcoins total hashpower mining fake tx's from 1 address.
1 address sending zero bitcoin is using 1% of Bitcoin's total resource's
At that rate Bitcoin could only serve 100 addresses!
Have you any proof of this what so ever ? or are you just giving your opinion, and buy the way there is no such thing as a fake transactions, all transaction that pay a fee are legitimate transactions. you may just not agree with the transaction.
Err, the blockchain is proof? see my links. You think i just made this up?
These tx's pay a low fee, sending no other bitcoin anywhere, and are included only in bitfury blocks by their hundreds.
It's not my fault!
Core support here usually say 0.0001 fee is spam,.
Now you say any low fee is legit, and is not fake even though it sends no other bitcoin, and it is right for bitfury to include these in their blocks hundreds at a time, above many other higher fee paying, bitcoin sending tx's.
Weird.
Have you any proof of this what so ever ? or are you just giving your opinion, and buy the way there is no such thing as a fake transactions, all transaction that pay a fee are legitimate transactions. you may just not agree with the transaction.
That get's me too.
Are they broadcast at the same time as the block?
Do they even hit the mempool?
Some bitfury blocks are 1/3 full of this address's tx's paying 0.0001btc fee each to send zero bitcoins.
I have been waiting for a precise definition of "all transactions are fake" what does that mean?!Are they broadcast at the same time as the block?
Do they even hit the mempool?
Some bitfury blocks are 1/3 full of this address's tx's paying 0.0001btc fee each to send zero bitcoins.
Zero bitcoins transferred, that does indeed sound invalid. Any blockchain explorer link (TXID or similar) for the naked eye to see?
It's hard to believe without cryptographically sound evidence. If this proves true, the network should develop a way to route around malicious pool activities.
See link to address in my post above.
That page is start of today. Scroll/click back/forward from there.
(it includes fees paid/btc sent)
Do you need more?
Maybe they are testing their own LN effects. What gets me is that these transactions are created at the exact same time of the block that they are included in. That is not normal network propagation.
That get's me too.
Are they broadcast at the same time as the block?
Do they even hit the mempool?
Some bitfury blocks are 1/3 full of this address's tx's paying 0.0001btc fee each to send zero bitcoins.
They would be losing out on higher network fees by including these transactions. It appears that they are creating them themselves and stuffing them straight into their own blocks. So possibly one way of creating their own reliable off-chain service?
Example transaction: https://blockchain.info/tx/b6d186f14ac6e33267d352f4762a42a73f7d88513dfddfa1e87d918c580b68f0
That get's me too.
Are they broadcast at the same time as the block?
Do they even hit the mempool?
Some bitfury blocks are 1/3 full of this address's tx's paying 0.0001btc fee each to send zero bitcoins.
I have been waiting for a precise definition of "all transactions are fake" what does that mean?!Are they broadcast at the same time as the block?
Do they even hit the mempool?
Some bitfury blocks are 1/3 full of this address's tx's paying 0.0001btc fee each to send zero bitcoins.
Zero bitcoins transferred, that does indeed sound invalid. Any blockchain explorer link (TXID or similar) for the naked eye to see?
It's hard to believe without cryptographically sound evidence. If this proves true, the network should develop a way to route around malicious pool activities.
But.... if bitfury fill their blocks with these fake, low fee tx's, other's in the mempool can't get included.
Your the miner. What is the point of these thousands of tx's from this address?
Your the miner. What is the point of these thousands of tx's from this address?
Maybe they are testing their own LN effects. What gets me is that these transactions are created at the exact same time of the block that they are included in. That is not normal network propagation.
That get's me too.
Are they broadcast at the same time as the block?
Do they even hit the mempool?
Some bitfury blocks are 1/3 full of this address's tx's paying 0.0001btc fee each to send zero bitcoins.
-------
added
over 2950 tx's included in bitfury blocks last 24 hour, all sending zero bitcoin. That is more than a full block. (1.147550 mb)
https://blockchain.info/address/3QQB6AWxaga6wTs6Xwq8FYppgrGinGu15f?offset=2950&filter=6
But.... if bitfury fill their blocks with these fake, low fee tx's, other's in the mempool can't get included.
Your the miner. What is the point of these thousands of tx's from this address?
Your the miner. What is the point of these thousands of tx's from this address?
Maybe they are testing their own LN effects. What gets me is that these transactions are created at the exact same time of the block that they are included in. That is not normal network propagation.
Are Mining pools spamming the network with fake transactions to prop up transaction fees and push a false narrative about full blocks to support BU and usurp the power to adjust block size?
Or am I just crazy? Its my personal belief that 80 to 90% of all transactions are fake.
Bitfury are including thousands of fake tx's into their blocks using this address. Bitfury support segwit.
https://blockchain.info/address/3QQB6AWxaga6wTs6Xwq8FYppgrGinGu15f
But.... if bitfury fill their blocks with these fake, low fee tx's, other's in the mempool can't get included.
Your the miner. What is the point of these thousands of tx's from this address?
----
added
over 70,000 tx's from this address now. All (except about 500 of the first higher fee txs) are included in bitfury blocks.
Wait a minute... it's the propagation of unconfirmed transactions that leads to mempool blowout, transaction fees growing, and network backlog. Bitfury is mining the transactions into blocks and removing them from the network backlog. How does that implicate bitfury?
Take a look at the receive time, and the time they are included in a block. It makes you wonder what the reason is.
Are Mining pools spamming the network with fake transactions to prop up transaction fees and push a false narrative about full blocks to support BU and usurp the power to adjust block size?
Or am I just crazy? Its my personal belief that 80 to 90% of all transactions are fake.
Bitfury are including thousands of fake tx's into their blocks using this address. Bitfury support segwit.
https://blockchain.info/address/3QQB6AWxaga6wTs6Xwq8FYppgrGinGu15f
Are Mining pools spamming the network with fake transactions to prop up transaction fees and push a false narrative about full blocks to support BU and usurp the power to adjust block size?
Or am I just crazy? Its my personal belief that 80 to 90% of all transactions are fake.
Are Mining pools spamming the network with fake transactions to prop up transaction fees and push a false narrative about full blocks to support BU and usurp the power to adjust block size?
Or am I just crazy? Its my personal belief that 80 to 90% of all transactions are fake.
Bitfury are including thousands of fake tx's into their blocks using this address. Bitfury support segwit.
https://blockchain.info/address/3QQB6AWxaga6wTs6Xwq8FYppgrGinGu15f
---
added
600+ tx included in block 458160 mined by bitfury today.
550+ tx included in block 458138 mined by bitfury today.
Bitfury been doing this for couple months now.
Are Mining pools spamming the network with fake transactions to prop up transaction fees and push a false narrative about full blocks to support BU and usurp the power to adjust block size?
Or am I just crazy? Its my personal belief that 80 to 90% of all transactions are fake.
Jump to: