Please excuse what may be an ignorant question, but are these multiple auctions First in First Out, or Last in First Out?
Ie 4 bidders each bid: 1 @ 0.02.
Another bidders says: 1 @ 0.025
Auction ends.
Is the first or last person to bid 0.02 kicked off the list?
The only thing that makes sense here is first in last out.... For example I bid 0.017
BTC first. There were 3 other 0.017
BTC bids. Now we have sunny bidding 0.018
BTC and it should knock out Darker45.