{"id":84257,"date":"2023-09-11T12:05:48","date_gmt":"2023-09-11T09:05:48","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=84257"},"modified":"2025-09-12T16:17:14","modified_gmt":"2025-09-12T13:17:14","slug":"unknown-user-paid-510000-in-fees-to-transfer-0-074-btc","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/unknown-user-paid-510000-in-fees-to-transfer-0-074-btc\/","title":{"rendered":"Unknown user paid $510,000 in fees to transfer 0.074 BTC"},"content":{"rendered":"<p>On September 10, an unknown user <a href=\"https:\/\/mempool.space\/tx\/d5392d474b4c436e1c9d1f4ff4be5f5f9bb0eb2e26b61d2781751474b7e870fd\">paid<\/a> 1,982,108,632 satoshis ($510,750) in fees to miners for transferring 0.074 BTC.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Will put these 20 BTC on hold for now. To be redistributed to miners if nobody comes to claim it after three days. <a href=\"https:\/\/t.co\/GsRUnAP9jQ\">https:\/\/t.co\/GsRUnAP9jQ<\/a><\/p>\n<p>\u2014 Chun (@satofishi) <a href=\"https:\/\/twitter.com\/satofishi\/status\/1701042302238724512?ref_src=twsrc%5Etfw\">September 11, 2023<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to journalist <a href=\"https:\/\/twitter.com\/WuBlockchain\/status\/1701082007936381155\">Colin Wu<\/a>, to date this is the largest dollar-denominated payment for a transaction confirmation.<\/p>\n<p>Meanwhile, the average fee in the Bitcoin network stands at 0.000084 BTC ($2.18), according to <a href=\"https:\/\/bitinfocharts.com\/ru\/comparison\/bitcoin-transactionfees.html#3y\">BitInfoCharts<\/a>.<\/p>\n<p>Representatives of the F2Pool mining pool, which mined the block, said they would temporarily hold back these 19.8 BTC. After three days they will redistribute them among miners.<\/p>\n<p>Most likely, the sender made a mistake when forming the payment.<\/p>\n<p>A similar incident occurred, for example, in April 2016, when an unknown sender sent 0.0001 BTC <a href=\"https:\/\/www.blockchain.com\/ru\/explorer\/transactions\/btc\/cc455ae816e6cdafdb58d54e35d4f46d860047458eacf1c7405dc634631c570d\">with a fee of 291.2 BTC<\/a> (~$136 000 at the time). The mining-pool BitClub that received the funds also expressed <a href=\"https:\/\/www.coindesk.com\/markets\/2016\/04\/27\/lost-136000-in-bitcoin-this-mining-pool-is-looking-for-you\/\">willingness to return<\/a> them to the user.<\/p>\n<p>Earlier ForkLog reported that in the second quarter of 2023 bitcoin miners <a href=\"https:\/\/forklog.com\/en\/news\/bitcoin-miners-fee-revenue-rose-by-270\">earned $184 million in fees<\/a>. This was 270% higher than in the previous period and exceeded the figure for all of 2022.<\/p>\n<p>In July 2020, an unknown user moved 132,255 BTC in two minutes (about $1.3 billion at the time). The total fee was just $1.9.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On September 10, an unknown user paid 1,982,108,632 satoshis ($510,750) as a miner fee for transferring 0.074 BTC.<\/p>\n","protected":false},"author":1,"featured_media":84258,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1178,232],"class_list":["post-84257","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-blockchain-fees","tag-f2pool"],"aioseo_notices":[],"amp_enabled":true,"views":"29","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/84257","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=84257"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/84257\/revisions"}],"predecessor-version":[{"id":84259,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/84257\/revisions\/84259"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/84258"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=84257"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=84257"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=84257"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}