User accidentally pays world's largest Bitcoin fee ever

User accidentally pays world's largest Bitcoin fee ever

By LeftFooted | bitcoinea | 25 Nov 2023


A Bitcoin user accidentally paid the highest Bitcoin on-chain fee ever.


The transaction was supposed to be for 139.42 BTC but because of this crazy mistake, the recipient only received 55.78 BTC, the remaining 83.64 BTC, ie roughly $3.1 million, was used on fees.


You may have noticed that Bitcoin fees have been getting higher.


The other day I transferred $100 worth of ETH and paid $1.15. And I used ETH because, amazingly, the same transaction in BTC would've cost me $15, not $1.15, in fees.


But this was something else.


Hopefully the miner who received the fee will send some of it back.

How do you rate this article?

12


LeftFooted
LeftFooted

I’m a left-footed duck that loves writing. I write about cars, watches, craft beer and, you’ve guessed it, crypto Also active on read.cash


bitcoinea
bitcoinea

Let’s talk crypto 💎💠

Publish0x

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.

Page not displaying correctly?