Post
Topic
Board Altcoin Discussion
Re: Sending 130$ , with a transaction fee of million !
by
kryptqnick
on 11/06/2020, 17:04:17 UTC
Apparently today at 4 , a millionaire who was holding Millions in his wallet (ETH) just sent out 130$ to an address but yeah with a fee of 2.6 million Dollars !

I know this is not related to Bitcoins therefore I apologize in advance if the topic has to be moved. But what's related to us is this ridiculous transaction fee !

Why do you think this happened?

1. The guy was for sure High or Drunk
2. The guy wanted to make some miners lucky , this time it was a company located in China

https://www.coindesk.com/whale-sent-130-ether-transaction-fee

The guy is still a millionaire and does hold a lot . Does that mean they were trying to support the Mining community by giving out pre-christmas present for them ? Or is it something he did and will realize later .

A generous offer by the same company states that : if it was indeed a mistake they might help the guy in recovering some amount.

What I wanted to talk about is :
Why only this company?
Isn't it fishy , because back something like same happened with them and they did split up 50/50 with the sender .

Is it possible that they are somehow regulating these things ? Has the Mining industry starting involving themselves in scams ? But then again something doesn't add up here .
I don't see how this could be done by accident. Entering the fee manually requires certain degree of precision, so I agree with what's just been posted when I was typing my reply that it was probably done on purpose. It's an interesting way to support the miners, I've never heard of such ways of doing that before. What I don't like is that instead of incentivizing individual miners doing the hard work the money went to a Chinese company that seems to be huge at Ethereum mining. I don't know whether the sender has a choice of whom to give the money to, though, as this is not how I imagine mining works. But I might misunderstand this part, of course.