Tag: bitcoin fee

Bitcoin User Attaches $204,000 as a Transaction Fee

An unknown bitcoin user attached a total of $204,000 in fees to a series of transactions on July 6th. Earlier this week, BTC.com -the world’s seventh largest bitcoin mining pool- discovered these transactions and excessive fees were sent from the same user. The transactions included many inputs and outputs and p2sh / multi-signature transactions. 80 BTC as a Transaction Fee?! What Happened? Currently, Bitcoin blockchain fee estimations put a median-sized transaction at about …
[Read More]