A Bitcoin tackle was noticed paying a whopping $3.14 million in charges for a single BTC transaction, based on on-chain knowledge.
First reported by blockchain monitoring agency Lookonchain, the tackle beginning with “bc1qn” paid over 83 BTC to miners whereas sending cash to a different entity starting with “bc1qyf.”
“Pockets ‘bc1qn’ paid a transaction price of 83.65 BTC ($3.14M) when transferring 139.42 BTC( $5.23M) to pockets ‘bc1qyf.’ “
In keeping with Bitcoin blockchain explorer Mempool.House, the rewards on block 818087 had been distributed to Ant Pool, which is the world’s largest BTC mining pool and is operated by Bitmain.
The price, paid by a to date unknown person, is believed to be the biggest ever by way of greenback worth, based on pseudonymous on-chain analyst Mononaut.
It’s unclear why the person presumably by accident paid such a excessive price for transferring cash, however software program bugs have been recognized to steer customers to pay a lot increased charges than mandatory.
In September of this 12 months, crypto agency Paxos by accident paid over half 1,000,000 {dollars} in charges on behalf of PayPal to a miner on a small switch. Fortunately, Paxos was capable of get in contact with the miner, who agreed to ship the BTC again to the unique tackle out of excellent religion.
To this point, nobody has reached out to AntPool concerning the massive transaction price.
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