Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
https://blockstream.info/nojs/tx/b5a2af5845a8d3796308ff9840e567b14cf6bb158ff26c999e6f9a1f5448f9aa
LOL
LOL
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Transaction fees 83.65497568BTC (76397238.1 sat/vB)
Somebodies getting fired!Quote
This transaction saved 42% on fees by upgrading to native SegWit-Bech32
Good thing they saved on those fees! Quote
Bitcoin miner Antpool was rewarded for mining the block. It received the standard 6.25 BTC as well as 85.2163 BTC in fees for all transactions included in the block, on-chain data shows.
Source: https://www.coindesk.com/business/2023/11/23/bitcoin-sender-struck-with-31m-transaction-fee-largest-in-history/At least the fee wasn't destroyed due to orphan block.
EDIT: Second thought, the fee would probably go back to mempool after orphaned block, not sure how it works exactly.
Would be able to explain to you how the senders fee works.
As I recall he is bitcoin miner and happens to visit the WO thread from time to time on his days off.
Heard this news and was shocked because from what I remember the fee was 50% of the amount being sent.