Posted 11/23/2023, 2:03:45 PM
Bitcoin User Accidentally Pays $3.1 Million in Transaction Fees, Highest Ever
- A Bitcoin user paid 83.7 BTC ($3.1 million) in transaction fees to transfer 139.42 BTC, over half the transfer amount
- The high fee was likely an accident caused by the user not understanding Bitcoin's replace-by-fee (RBF) policy
- This $3.1 million is the highest ever transaction fee paid in dollar terms, surpassing September's $500k accidental fee
- The mining pool Antpool captured the huge fee through block 818087
- It's unclear if Antpool will return the accidental fee like F2Pool did in September's $500k incident