From what I have gathered, having the last word appears to be of the utmost importance to you. So I hope you don't mind that I have taken the liberty of locking this thread.
Thank you DeathAfterTaxes, and everyone else that contributed.
Topic: Who gets the Transaction Fees? (Read 1520 times)
Just a heads up, intentionally derailing threads and shit posting is generally frowned upon. If you have nothing to contribute (i.e. "noob as fuck") and reply with large media because you lack the cognitive ability to socialize in a proper manner, then I suggest you check out this board -> https://bitcointalk.org/index.php?board=9.0
From what I have gathered, having the last word appears to be of the utmost importance to you. So I hope you don't mind that I have taken the liberty of locking this thread.
Thank you DeathAfterTaxes, and everyone else that contributed.
From what I have gathered, having the last word appears to be of the utmost importance to you. So I hope you don't mind that I have taken the liberty of locking this thread.
Thank you DeathAfterTaxes, and everyone else that contributed.
How does a hero member ask such a remedial noob as fuck question?
One would assume by posting more then five hundred times and never learning how the fee system works.
How does a hero member ask such a remedial noob as fuck question?
One would assume by posting more then five hundred times and never learning how the fee system works. If I am not mistaken, the fees go to support the network (server nodes). Who is hosting these nodes? Is it possible for me to host one, and collect a small amount of BTC. I never really thought about how it works. Figured I'd inquire.
How does a hero member ask such a remedial noob as fuck question?
Guys, r u kidding? 
My 2 satoshis:
Fees are paid to transfer bitcoins. Part of these bitcoins already contains fees. So we pay fees to transfer other fees and so on. Like "compound interest" amount of fees of transferred fees grows very fast. In a while the blockchain will be bloated with fees and just a few virgin bitcoins will be lying in Satoshi's wallet. Then the Big Bang will occur and a new coin will appear.
My 2 satoshis:
Fees are paid to transfer bitcoins. Part of these bitcoins already contains fees. So we pay fees to transfer other fees and so on. Like "compound interest" amount of fees of transferred fees grows very fast. In a while the blockchain will be bloated with fees and just a few virgin bitcoins will be lying in Satoshi's wallet. Then the Big Bang will occur and a new coin will appear.
So as i understand it now, when i solve a block, i get all transaction fees that will come up in the future?!?
No. You get the tx fees that were accumulated since the last block was solved. 
So as i understand it now, when i solve a block, i get all transaction fees that will come up in the future?!?
No.
(I am going to bed).
Well maybe im just too tired to get the point, please be kind.
When a block is mined the bitcoin get distributed, so considered i sent one if these mined coins, somebody gets a fee, who is that?
I just wonder because the bitcoin we sent thre could be sent other 100 times, and everytime a fee is payd.
When a block is mined the bitcoin get distributed, so considered i sent one if these mined coins, somebody gets a fee, who is that?
I just wonder because the bitcoin we sent thre could be sent other 100 times, and everytime a fee is payd.
I don't really know how to answer it any simpler. It has been asked and answered twice.
If you create a transaction ... that transaction will be included in a block. Only one block (in the best chain). That block will only be found by one miner. Not bunches of miners, not every single node a single miner (in a pool the reward is split but it is still found by one miner). The miner/pool who solves the block will get ALL the tx fees of all the txs included in the block. Period.
Yeah, that was the point i did not get.
So as i understand it now, when i solve a block, i get all transaction fees that will come up in the future?!?
i mined there too, Inaba doesn't have any fees on his pool he runs it on Dontaions. I think that he pays them out too (calculated with DGM). Now i'm on P2Pool for a month now. Try that if you want to get rid of the pool 
Well maybe im just too tired to get the point, please be kind.
When a block is mined the bitcoin get distributed, so considered i sent one if these mined coins, somebody gets a fee, who is that?
I just wonder because the bitcoin we sent thre could be sent other 100 times, and everytime a fee is payd.
When a block is mined the bitcoin get distributed, so considered i sent one if these mined coins, somebody gets a fee, who is that?
I just wonder because the bitcoin we sent thre could be sent other 100 times, and everytime a fee is payd.
I don't really know how to answer it any simpler. It has been asked and answered twice.
If you create a transaction ... that transaction will be included in a block. Only one block (in the best chain). That block will only be found by one miner. Not bunches of miners, not every single node a single miner (in a pool the reward is split but it is still found by one miner). The miner/pool who solves the block will get ALL the tx fees of all the txs included in the block. Period.
Well maybe im just too tired to get the point, please be kind.
When a block is mined the bitcoin get distributed, so considered i sent one if these mined coins, somebody gets a fee, who is that?
I just wonder because the bitcoin we sent thre could be sent other 100 times, and everytime a fee is payd.
When a block is mined the bitcoin get distributed, so considered i sent one if these mined coins, somebody gets a fee, who is that?
I just wonder because the bitcoin we sent thre could be sent other 100 times, and everytime a fee is payd.
Those fees are called transaction fees and they go the miner who solves the block that includes the transaction. If you want transaction fees you need to mine.
So then, since I mine at EMC, Inaba gets all of my transaction fees?I am not sure EMC policies. Some pools keep all the fees, some pools pay out the fees. If your pool doesn't payout tx fees then you can consider it a hidden tax/fee.
Those fees are called transaction fees and they go the miner who solves the block that includes the transaction. If you want transaction fees you need to mine.
So then, since I mine at EMC, Inaba gets all of my transaction fees? If I am not mistaken, the fees go to support the network (server nodes). Who is hosting these nodes? Is it possible for me to host one, and collect a small amount of BTC. I never really thought about how it works. Figured I'd inquire.
Miners get the transactions fees for the transactions that are included in a block they solve.
Yea, but guess he means the fees you pay when sending now some bitcoin to another wallet, i want to know this too, never bothered with it.
Um
Those fees are called transaction fees and they go the miner who solves the block that includes the transaction. If you want transaction fees you need to mine.
Block Reward = (Block Subsidy) + (tx fees for all transactions contained in the block)
If I am not mistaken, the fees go to support the network (server nodes). Who is hosting these nodes? Is it possible for me to host one, and collect a small amount of BTC. I never really thought about how it works. Figured I'd inquire.
Miners get the transactions fees for the transactions that are included in a block they solve.
Yea, but guess he means the fees you pay when sending now some bitcoin to another wallet, i want to know this too, never bothered with it.
If I am not mistaken, the fees go to support the network (server nodes). Who is hosting these nodes? Is it possible for me to host one, and collect a small amount of BTC. I never really thought about how it works. Figured I'd inquire.
Miners get the transactions fees for the transactions that are included in a block they solve.
If I am not mistaken, the fees go to support the network (server nodes). Who is hosting these nodes? Is it possible for me to host one, and collect a small amount of BTC. I never really thought about how it works. Figured I'd inquire.
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