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Topic: Bitfinex Today Spent Almost $23.6 Million Fees For a Single Ethereum Transaction - page 2. (Read 167 times)

hero member
Activity: 1764
Merit: 694
[Nope]No hype delivers more than hope
Isn't the whole point of crypto is to reduce this middleman huge fees like banks?
No really, cryptocurrencies just remove the role of intermediaries. The tx fees will still be there.

For some reason, the dependence of crypto users on third parties cannot still be eliminated. Since network transaction fees are irregular and uncontrollable even by their creators, thus third parties freely charge higher than normal fees (even many times), in which case they act like blackmailers.
copper member
Activity: 2142
Merit: 1305
Limited in number. Limitless in potential.
By the way, I can't see who mined the block. Can anyone please? In etherscan, I only saw an address; isn't it a pool? The guy must be a lucky one.
It was mined by anonymous miner https://etherscan.io/block/13307440

You can check the "mined by" with no name of the pool which it should have if a particular pool mined the block. Its a hell of a luck. If it was mined by pool or known company then they can reach to them for a refund like other incidents like this (spark pool mined  the block on previous incident and refunded 50% only). But that's not the case here.
hero member
Activity: 1358
Merit: 850
Was it a mistake only? I don’t know how come anyone would do such mistake though as fee estimation or fee for the tx is visible in the sending tab when someone tries to send a tx.
By the way, I can't see who mined the block. Can anyone please? In etherscan, I only saw an address; isn't it a pool? The guy must be a lucky one.
copper member
Activity: 2142
Merit: 1305
Limited in number. Limitless in potential.
What a waste. Speaking of bitfinex and USDT, they can just print another millions of USDT on their treasury  Roll Eyes

Now it will be a headline in any media contradicting of using crypto for lower transaction fee but instead paying millions for a fee.
full member
Activity: 1274
Merit: 106
Today Bitfinex Exchange transferred 100000 Usdt from one of their main wallets and for this transection Bitfinex spent 23.7 million $ ( 7,676.619078292762408538 Ether).

Here is the Transection ID : https://etherscan.io/tx/0x2c9931793876db33b1a9aad123ad4921dfb9cd5e59dbb78ce78f277759587115

Still now This is the largest Ethereum Transection Fees ever paid in dollar terms.

And The second highest Ethereum Transection fees paid in June 2020 worth of $5.2 million.


Isn't the whole point of crypto is to reduce this middleman huge fees like banks?
full member
Activity: 658
Merit: 158
BTC Rocks
Today Bitfinex Exchange transferred 100000 Usdt from one of their main wallets and for this transection Bitfinex spent 23.7 million $ ( 7,676.619078292762408538 Ether).

Here is the Transection ID : https://etherscan.io/tx/0x2c9931793876db33b1a9aad123ad4921dfb9cd5e59dbb78ce78f277759587115

Still now This is the largest Ethereum Transection Fees ever paid in dollar terms.

And The second highest Ethereum Transection fees paid in June 2020 worth of $5.2 million.

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