Author

Topic: Who gets my transaction fee ? (Read 642 times)

hero member
Activity: 490
Merit: 501
January 15, 2014, 04:37:37 PM
#6
Who gets my transaction fee ? The miner/mining pool who included my transaction in a block he/she/they mined ?

Yup

Does not the miner gets 25 BTC again for finding each block or these transaction fees actually sum up to that 25 BTC ?

A solo miner or pool gets 25BTC plus transaction fees. some pools, but not all, pass the transaction fees on to the miners in the pool.
sr. member
Activity: 320
Merit: 250
January 15, 2014, 04:37:21 PM
#5
Who gets my transaction fee ? The miner/mining pool who included my transaction in a block he/she/they mined ?

Yup

Does not the miner gets 25 BTC again for finding each block or these transaction fees actually sum up to that 25 BTC ?

Miner reward = 25 BTC + transaction fee.
hero member
Activity: 546
Merit: 500
January 15, 2014, 04:36:55 PM
#4
Who gets my transaction fee ? The miner/mining pool who included my transaction in a block he/she/they mined ?

Yup

Does not the miner gets 25 BTC again for finding each block or these transaction fees actually sum up to that 25 BTC ?

The fees are separate from the the 25 BTC block reward.

The block reward is actually a subsidy to incentivize miners to mine in the early days of the network, as well as being a structured, predictable source of "new money".
legendary
Activity: 2282
Merit: 1204
The revolution will be digital
January 15, 2014, 04:34:18 PM
#3
Who gets my transaction fee ? The miner/mining pool who included my transaction in a block he/she/they mined ?

Yup

Does not the miner gets 25 BTC again for finding each block or these transaction fees actually sum up to that 25 BTC ?
hero member
Activity: 546
Merit: 500
January 15, 2014, 04:25:14 PM
#2
Who gets my transaction fee ? The miner/mining pool who included my transaction in a block he/she/they mined ?

Yup
legendary
Activity: 2282
Merit: 1204
The revolution will be digital
January 15, 2014, 04:22:20 PM
#1
Who gets my transaction fee ? The miner/mining pool who included my transaction in a block he/she/they mined ?
Jump to: