Bitcoin Forum

Bitcoin => Bitcoin Technical Support => Topic started by: marcotheminer on September 27, 2014, 10:33:15 AM



Title: [HELP] I added added unneeded extra fees
Post by: marcotheminer on September 27, 2014, 10:33:15 AM
https://blockchain.info/tx/5a485402324dcf96ba1efe23d57605bba591f5773d1c5f49c4c66439857ea9c8

Anyway I can recover those 0.03BTC?  :( damn


Title: Re: [HELP] I added added unneeded extra fees
Post by: 1Referee on September 27, 2014, 10:35:19 AM
You can't, the Bitcoin miners will thank you for your generosity.


Title: Re: [HELP] I added added unneeded extra fees
Post by: marcotheminer on September 27, 2014, 10:36:26 AM
You can't, the Bitcoin miners will thank you for your generosity.

Oh well. Enjoy my extra 0.03BTC, miners!


Title: Re: [HELP] I added added unneeded extra fees
Post by: Dare on September 28, 2014, 05:20:15 AM
You posted this thread twice (presumably by accident, due to them being posted at nearly the same time); you should lets the mods know so that they can remove one of them.

My response from your other thread:
No, any coins sent as a transaction fee are destroyed and added to the mining reward of the block containing their transaction. At least it was only 0.03BTC, it's not trivial but it's far less than some of the mistakes that have been made previously. It's best to let your client handle fees automatically in order to prevent mistakes such as this, though you should always double-check transactions before you send them.


Title: Re: [HELP] I added added unneeded extra fees
Post by: Borisz on September 28, 2014, 03:42:41 PM
The bitcoin core client usually tells you if the transaction is over the size limit and asks you to confirm it with the additional fee shown.

Or did you manually set fees to some amount and turned out too high for the transaction?
I'm curious, because I don't want to accidentally send too high fee either.


Title: Re: [HELP] I added added unneeded extra fees
Post by: -ck on September 28, 2014, 10:22:10 PM
Fees end up getting collected by the entity that mined the block that included your transaction. Generally, with a cooperative and helpful pool mining blocks, if you can prove you sent the funds by mistake by approaching the pool support and signing with your private key they will return your misdirected fee. However I doubt that any pool will consider the amount you sent large enough to go to the effort. Other people have mistakenly sent tens of bitcoins by mistake as a fee which is obviously rather substantial.


Title: Re: [HELP] I added added unneeded extra fees
Post by: marcotheminer on October 01, 2014, 08:27:24 PM
The bitcoin core client usually tells you if the transaction is over the size limit and asks you to confirm it with the additional fee shown.

Or did you manually set fees to some amount and turned out too high for the transaction?
I'm curious, because I don't want to accidentally send too high fee either.

I set the fee too high myself :(