Author

Topic: Fees vs. new blocks (Read 1098 times)

legendary
Activity: 1386
Merit: 1004
May 23, 2011, 08:51:59 PM
#3
you can check with blockexplorer or http://bitcoincharts.com/bitcoin/ and see the amount of the fees.  Right now they are usually well under 1 btc per block, most of the time .1 btc or so.
newbie
Activity: 47
Merit: 0
May 23, 2011, 02:18:16 PM
#2
The fees are awarded with the new blocks, at least from what I've seen.
Get a block, get a small fee bonus.  .01-.05 btc
The pools will either keep them or distribute/share them.
newbie
Activity: 10
Merit: 0
May 23, 2011, 02:00:37 PM
#1
I've read that at some point transaction fees will overtake mining for new blocks in profitability at some point in the future, and i have a few questions Smiley

How will you notice you've gotten a fee (transactions are happening, fees are already being paid)

How will pools handle them? (i see no mention of them, only confirmed blocks)

I've searched a little, but nothing comes up, it's all about new blocks :-/
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