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Topic: What happened to Block 501915? (Read 141 times)

newbie
Activity: 38
Merit: 0
December 31, 2017, 01:34:00 PM
#5
At the time it seemed that the fee wasn't high enough, so it wasn't picked up.  At least that's what it looked like.
member
Activity: 210
Merit: 26
High fees = low BTC price
December 31, 2017, 01:26:47 PM
#4
Sounds like more bug in the software to me so do these greedy miner have to pay
$45 from the prize money to receive payment like the rest of us have to put up with
 
legendary
Activity: 3038
Merit: 2162
December 31, 2017, 01:24:45 PM
#3
The block was mined with only 1 transaction and the transaction value is exactly 12.5 BTC. I don't think this is a coincidence that this value equates to the reward of successful block mined. Is there any connection with the block that had 1 transaction where the miner never collected the reward?

https://blockchain.info/block/0000000000000000004982f753c0cc52f9535c45a7df720c5e02cd4ecc0a38a8

-Crypto Piece

It has nothing to do with the miner that never collected the reward, it's just a miner that has mined an empty block. Even if the mempool is full a block may contain no transactions and still be valid. It happens from time to time, unfortunately. The single transaction within the block is simply the block reward as you very well observed.

To be more specific, empty blocks occur shortly after a block was found, because miners haven't assembled a new block of transactions yet, but it would be a waste of time to just sit and wait for it to happen, so they start with mining empty blocks after they discover new blocks on the network. The probability of it happening is quite low, but it still happens from time to time.
Also, slush pool has made an official statement that they will never mine an empty block if there are transactions in mempool.
legendary
Activity: 3150
Merit: 2185
Playgram - The Telegram Casino
December 31, 2017, 01:17:24 PM
#2
The block was mined with only 1 transaction and the transaction value is exactly 12.5 BTC. I don't think this is a coincidence that this value equates to the reward of successful block mined. Is there any connection with the block that had 1 transaction where the miner never collected the reward?

https://blockchain.info/block/0000000000000000004982f753c0cc52f9535c45a7df720c5e02cd4ecc0a38a8

-Crypto Piece

It has nothing to do with the miner that never collected the reward, it's just a miner that has mined an empty block. Even if the mempool is full a block may contain no transactions and still be valid. It happens from time to time, unfortunately. The single transaction within the block is simply the block reward as you very well observed.
member
Activity: 166
Merit: 43
December 31, 2017, 01:07:13 PM
#1
The block was mined with only 1 transaction and the transaction value is exactly 12.5 BTC. I don't think this is a coincidence that this value equates to the reward of successful block mined. Is there any connection with the block that had 1 transaction where the miner never collected the reward?

https://blockchain.info/block/0000000000000000004982f753c0cc52f9535c45a7df720c5e02cd4ecc0a38a8

-Crypto Piece
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