Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: BitCoinDream on January 15, 2014, 08:22:20 PM



Title: Who gets my transaction fee ?
Post by: BitCoinDream on January 15, 2014, 08:22:20 PM
Who gets my transaction fee ? The miner/mining pool who included my transaction in a block he/she/they mined ?


Title: Re: Who gets my transaction fee ?
Post by: mgio on January 15, 2014, 08:25:14 PM
Who gets my transaction fee ? The miner/mining pool who included my transaction in a block he/she/they mined ?

Yup


Title: Re: Who gets my transaction fee ?
Post by: BitCoinDream on January 15, 2014, 08:34:18 PM
Who gets my transaction fee ? The miner/mining pool who included my transaction in a block he/she/they mined ?

Yup

Does not the miner gets 25 BTC again for finding each block or these transaction fees actually sum up to that 25 BTC ?


Title: Re: Who gets my transaction fee ?
Post by: drrussellshane on January 15, 2014, 08:36:55 PM
Who gets my transaction fee ? The miner/mining pool who included my transaction in a block he/she/they mined ?

Yup

Does not the miner gets 25 BTC again for finding each block or these transaction fees actually sum up to that 25 BTC ?

The fees are separate from the the 25 BTC block reward.

The block reward is actually a subsidy to incentivize miners to mine in the early days of the network, as well as being a structured, predictable source of "new money".


Title: Re: Who gets my transaction fee ?
Post by: tacoman71 on January 15, 2014, 08:37:21 PM
Who gets my transaction fee ? The miner/mining pool who included my transaction in a block he/she/they mined ?

Yup

Does not the miner gets 25 BTC again for finding each block or these transaction fees actually sum up to that 25 BTC ?

Miner reward = 25 BTC + transaction fee.


Title: Re: Who gets my transaction fee ?
Post by: Trongersoll on January 15, 2014, 08:37:37 PM
Who gets my transaction fee ? The miner/mining pool who included my transaction in a block he/she/they mined ?

Yup

Does not the miner gets 25 BTC again for finding each block or these transaction fees actually sum up to that 25 BTC ?

A solo miner or pool gets 25BTC plus transaction fees. some pools, but not all, pass the transaction fees on to the miners in the pool.