Post
Topic
Board Bitcoin Discussion
Re: Are Mining pools spamming the network with fake transactions?
by
rizzlarolla
on 20/03/2017, 21:44:47 UTC

Are Mining pools spamming the network with fake transactions to prop up transaction fees and push a false narrative about full blocks to support BU and usurp the power to adjust block size?
Or am I just crazy?  Its my personal belief that 80 to 90% of all transactions are fake.

Bitfury are including thousands of fake tx's into their blocks using this address. Bitfury support segwit.
https://blockchain.info/address/3QQB6AWxaga6wTs6Xwq8FYppgrGinGu15f


Wait a minute... it's the propagation of unconfirmed transactions that leads to mempool blowout, transaction fees growing, and network backlog. Bitfury is mining the transactions into blocks and removing them from the network backlog. How does that implicate bitfury?

But.... if bitfury fill their blocks with these fake, low fee tx's, other's in the mempool can't get included.
Your the miner. What is the point of these thousands of tx's from this address?

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added
over 70,000 tx's from this address now. All (except about 500 of the first higher fee txs) are included in bitfury blocks.