THELOGICALINDIAN - A chump of Bitcoin accouterments and account provider Bitmain afresh begin himself in a rather awkward asperity Accidentally accepting paid a 25 bitcoin fee on a transaction mined by Bitmains Antpool in Bitcoin block 456363 the user took to amusing media desperateto get the funds back
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The fee, afterwards accepting already been broadcast to miners as a mining reward, could accept been absent forever. But instead, Bitmain absitively to atone the user for the accident with their own money. In a acknowledgment to a account admission submitted over the issue, Bitmain notified the applicant of their decision.
Dear Customer,
We are apologetic to apprehend this…
First of all, this aberration acquired by himself, and we don’t accept albatross for this. And back now, Antpool has taken PPS and PPLNS acquittal method, so his 2.5 bitcoin transaction fee has already paid out to all the miners in Antpool. But acknowledgment for all of your supports and actual assurance for Antpool and Bitmain, our aggregation has absitively to pay his loss.
Looking avant-garde to continuing to body your assurance and bringing you added added ethics through our avant-garde technology and passion.
Best Wishes,
Hugh
Bitmain
Hardly the aboriginal Bitcoiner to Overpay a Transaction Fee
Regularly on amusing media, bodies blab their transaction fee nightmares. They about ubiquitously achievement they can somehow get their blurred or ‘fat-fingered’ transaction fees back. In January, for instance, addition allegedly paid 50 bitcoins in transaction fees. The sender ability accept alloyed up the fee and the bulk meant to be sent. In general, the average transaction fee is up added than 1,200% in the accomplished two years.
Some users accept there could be a band-aid to overpaid transaction fees. Back a Bitcoin user chooses a fee that is too low, for example, a transaction can be absolute rejected. Many Bitcoiners advance that, back a Bitcoiner pays a fee that is too aerial on a transaction, miners could similarly reject it.
As one amusing media analyst postulates, “Nodes should analysis that fees don’t beat the boilerplate of the aftermost 10 blocks accomplished fees. If it’s decidedly higher, accelerate a acknowledgment bulletin aback allurement for acceptance of the fee.”
He adds: “[This has] annihilation to do with miners as it is on a bulge level, and in theory, a mistaken fee shouldn’t access the arrangement above the aboriginal bulge it reaches, which would authority it and crave a active bulletin from the sender to affirm it is correct.”
Many Bitcoin wallets administer transaction fees so their users don’t accept to bother.
Bitmain Technologies Limited, based in China, specializes in custom mining chips, miners, and additionally runs a mining pool.
Miners refunding affairs is not absolutely exceptional of, as ASIC miner refunded a added than 200 bitcoin mining fee paid by a chump about three years ago.
What do you anticipate about Bitmain’s repaying of the transaction fee? Let us apperceive in the comments below.
Images address of Shutterstock, Bitmain, Getty Images
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