Post
Topic
Board Bitcoin Discussion
Re: 15btc transaction fee, big mistake
by
LoyceV
on 03/03/2016, 15:13:34 UTC
looks like there's two more transactions that paid abnormal amount of fee recently. found this at reddit.
https://blockchain.info/tx/c6f9ae3d4e6c895594628a28a53e9c8436a8ba1aaf5f0dd1711ac2a3f4b893c6
https://blockchain.info/tx/15ccae9f8b2b4e554be12411b83624e8743244e95b7116447a7dde9a39fd2cbe

both have 4BTC fee. received by blockchain one minute apart. if it's the same guy then they lost 23.5BTC.
I found one of those blocks yesterday by accident. I knew like 4.7 BTC fee in one block was a lot, but I didn't know how to find which transaction caused it (and I didn't want to go through it manually).

I notice something interesting: two transactions with 4 Bitcoin fee, within 29 seconds apart. And one of them is included 10 blocks later than the other.
In other words: does a higher fee really help for a faster transaction? What were those miners thinking skipping this one for so long?

I always believed a higher fee would give a higher priority, but apparently even 4 Bitcoin fee gives no guarantee to be included in the next few blocks!