Post
Topic
Board Bitcoin Discussion
Re: Ouch, today someone made a transaction with over $500k fee.
by
philipma1957
on 14/09/2023, 23:45:51 UTC
sounds like paypal owned funds stored in paxos, where paypal wanted to withdraw small amount from paxos, but paxos(the withdrawal service) sent out the small withdrawal amount but using a large utxo without using a change address for remaining unspent output balance

yep.

f2pool should upcharge at least 2 coins.

 i am in a very small pool that hits a block every 2 or 3 years.

I usually get 40% of the block and fees.

So 6+19=25 x 40% is 10 coins. about 7.2 would be the extra fee.

the other two miners in this pool would get

12 and 3 coins

pool is set up to auto send when block is hit so I would handle the ten coins. about 7.2 should go back to them.

but I would have to get a lawyer and special tax letters so That the irs does not try to tax the 7.2 I return.