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Title: Antpool batch payout = 168 BTC, transaction fees: 40k satoshi?!? Post by: greyworld on August 09, 2017, 02:04:24 AM So they just paid the miners $1.50 to send around about a half million dollars?!?
https://live.blockcypher.com/btc/tx/3b70c8c44cc6dcd0ff2a82681329c8d14bc9e0399c20430dbd6c653127f6f67f/ (https://live.blockcypher.com/btc/tx/3b70c8c44cc6dcd0ff2a82681329c8d14bc9e0399c20430dbd6c653127f6f67f/) Am I reading that right? Title: Re: Antpool batch payout = 168 BTC, transaction fees: 40k satoshi?!? Post by: TryNinja on August 09, 2017, 04:30:48 AM What's wrong with that?
A 112.46 satoshis/byte fee is relatively a high fee for the current Bitcoin network situation. That's one of Bitcoin's good part. The fees you pay are not determined by the amount sended. You can either send $1 or $1.000.000 in a single transaction, but your fees will be the same. P.s: It's 400k satoshis (~$14), not 40k. Title: Re: Antpool batch payout = 168 BTC, transaction fees: 40k satoshi?!? Post by: gio999 on August 09, 2017, 06:25:20 AM i think this is wrong
Title: Re: Antpool batch payout = 168 BTC, transaction fees: 40k satoshi?!? Post by: -ck on August 09, 2017, 07:13:21 AM Fees are based on transaction size, not value transacted. This is normal.
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