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đ„¶ Biggest Bitcoin Blunder of the History đ„
Somebody Just Lost $170,000 In BTC Transaction Feeđž
Claim Shiba Inu(SHIB) Here
A fortuitous Bitcoin miner recently reaped unexpected profits due to an exceptionally high fee paid by an anonymous user within the network. Blockchain data reveals that this user paid a staggering 4 BTC ($172,000) as a transaction fee on Tuesday, significantly surpassing the required amount for processing the transfer.
The transaction itself involved sending only 2.9 BTC to the intended recipient, making the attached fee more than 133% of the transaction's value. This overpayment, calculated by mempool.space metrics, amounted to 29,992 times the standard fee, with the user paying 1,800,890 satoshis per vByte compared to the typical 60 sat/vB for that block.
Notably, this costly mistake occurred during the consolidation of Unspent Transaction Outputs (UTXOs), prompting cautionary advice from Tomer Strolight, Swan Bitcoin's editor-in-chief. UTXOs represent individual BTC transfers within a user's wallet, and consolidating them incorrectly can lead to unnecessary fees.
Despite the irreversible nature of Bitcoin transactions and fees, historical instances suggest that miners have occasionally returned overpaid amounts to users, fostering hope for a resolution in this case.
đ«Remember: A lot of Hardwork goes into for providing you Best Investment Articles.Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice.
#BTCUpdate
Somebody Just Lost $170,000 In BTC Transaction Feeđž
Claim Shiba Inu(SHIB) Here
A fortuitous Bitcoin miner recently reaped unexpected profits due to an exceptionally high fee paid by an anonymous user within the network. Blockchain data reveals that this user paid a staggering 4 BTC ($172,000) as a transaction fee on Tuesday, significantly surpassing the required amount for processing the transfer.
The transaction itself involved sending only 2.9 BTC to the intended recipient, making the attached fee more than 133% of the transaction's value. This overpayment, calculated by mempool.space metrics, amounted to 29,992 times the standard fee, with the user paying 1,800,890 satoshis per vByte compared to the typical 60 sat/vB for that block.
Notably, this costly mistake occurred during the consolidation of Unspent Transaction Outputs (UTXOs), prompting cautionary advice from Tomer Strolight, Swan Bitcoin's editor-in-chief. UTXOs represent individual BTC transfers within a user's wallet, and consolidating them incorrectly can lead to unnecessary fees.
Despite the irreversible nature of Bitcoin transactions and fees, historical instances suggest that miners have occasionally returned overpaid amounts to users, fostering hope for a resolution in this case.
đ«Remember: A lot of Hardwork goes into for providing you Best Investment Articles.Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice.
#BTCUpdate
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