Ethermine Accepts Mystery $2.5 Million Dollar Ethereum Transaction Fee
analysis

Ethermine Accepts Mystery $2.5 Million Dollar Ethereum Transaction Fee

THELOGICALINDIAN - After 4 canicule the mining basin Ethermine has absitively to absorb the fees in the additional abstruseness transaction

Ethermine, the mining basin that accurate the additional of the million-dollar Ethereum transactions, has absitively to accumulate the fees afterwards the sender bootless to acquaintance the pool.

Mysterious Million-Dollar Ethereum Fee

Last week, two high fee Ether affairs bent the absorption of the crypto community.

Sparkpool mined the first transaction on Jun. 10. 0.55 ETH was beatific for a amount of about $2.5 million.

Ethermine mined the second transaction on Jun. 11. That was a transaction of 350 ETH for over 10,000 ETH in fees, additionally about $2.5 million.

Several theories broadcast about the account of the transactions. A simple “fat finger” aberration was disqualified out by abounding as it occurred twice.

Another approach states that a hacker was blackmailing an exchange. This apriorism holds that the awful abettor gained admission to a wallet but could alone accelerate Ether to whitelisted addresses. The threat, in that scenario, is that the hacker was gluttonous money in acknowledgment for abeyance to cesspool the annual through absurdly aerial fees.

Others speculated that the accepted wallet buyer was sending aerial fees as a tax artifice measure.

Ethermine Promised to Freeze Fees

Ethermine promised to benumb the payout of fees, bold the two contest were an accident. They asked the sender to acquaintance them.

The sender did not acknowledge to the request, as today Ethermine appear that, afterwards cat-and-mouse four days, they would be disbursing the fees to the miners in their pool.

While Ethermine was criticized for not giving the sender abundant time to acquaintance them, if the affairs were a mistake, the sender would accept fabricated acquaintance bound to actual the situation.

That cipher came advanced alone feeds into the anecdotal that the activity was malicious.