"Foundry USA Pool sets a positive example by refunding a $777,000 Bitcoin transaction fee paid in error, emphasizing integrity in the crypto mining industry."
Foundry USA Pool Refunds $777,000 Bitcoin Transaction Fee After Error
Foundry USA Pool, the largest Bitcoin mining pool by hash rate, has made headlines for refunding a mistakenly paid Bitcoin transaction fee worth approximately $777,000 (8.18 BTC).
The incident occurred on December 19 when Foundry mined Bitcoin block 875475, which included a transaction with a fee 91,127 times higher than required. After identifying the issue, Foundry contacted the sender, who admitted the fee was paid unintentionally.
Following careful consideration, Foundry announced on social media that it decided to return the fee, showcasing a commitment to ethical practices within the crypto community.
This rare act of goodwill highlights the importance of double-checking transaction details and reflects positively on Foundry’s reputation in the mining sector.
