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Author Topic: Obligation of miners to return excessive fees  (Read 806 times)
jbreher
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March 11, 2017, 12:28:02 AM
 #21

The mistake of 2 or 3 people would become "Bitcoin, the currency that keeps your $10,000 dollar mistake and leaves you to it" if the media got hold of it.

But that is exactly what it is. Everyone should be aware of this fact. Broadcasting it will only turn away those not ready to take responsibility for their actions. Leading to less pain all around.

-----

What's up with the thread? Did some mod comb through it, splitting the meta discussion from discussion of OP's plight? Can't say I remember ever noting that happening before on this forum.

Anyone with a campaign ad in their signature -- for an organization with which they are not otherwise affiliated -- is automatically deducted credibility points.

I've been convicted of heresy. Convicted by a mere known extortionist. Read my Trust for details.
aarons6
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March 11, 2017, 12:34:49 AM
 #22

in this case tho, antpool paid out this fee to its miners..

they then returned the fee, out of their own pocket..


its nice yes.. but required? nope..

neochiny
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March 11, 2017, 03:11:12 AM
 #23

It's great that they did so, and it's also good to know that Bitmain decided to do what they did.

But to call it as an 'obligation' of miners to return excessive fees? I don't think so. Ideally, excessive fees would naturally be returned by the miners, but realistically, they're not required to and few would do so. No one's obligated to do a thing, it's all up to one's predisposition/inclination.

Anyway, kudos to OP for contacting Bitmain on user's behalf.
(though I don't seem to see that user turning up to express his gratitude to you and others who helped him. Tsk. Sure it's not required that he do so, but that should be the morally right thing to do, wouldn't it.)

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7788bitcoin
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March 11, 2017, 04:23:38 AM
 #24

I think most/all miners are earning their profits by honestly maintaining/upgrading their physical mining sites. So far I have not heard a case in which they refuse to return accidental high fee.

Kudos to the "hardworking" and "honest" miners!! Maybe it's time to contribute your thoughts in the blocksize debate??
Wind_FURY
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March 11, 2017, 04:29:34 AM
 #25

Your transaction was included in block 456363 by AntPool. Contact them and plead your case they might take pity on you and give you the fee back. Be nice as they are under no obligation to do so.

 While perhaps no legally bound to returning the mistakenly attached fee,  I believe that Bitcoin miners have a moral obligation to return blatantly abnormal fees once apprised of the situation hence they are not technically "under no obligation" to return the fee.  Think of it as a goodwill gesture to the Bitcoin community which already has it's more than fair share of scammers.  Wrong is wrong.



A moral obligation? Sure. They do have to give the fee back. It will be good for their karma. But really what else would it give them? It would be good to see if they did give it back, but do not expect anything and do not feel bad about it if they ignore you. Fair is fair in Bitcoin.

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n0ne
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March 11, 2017, 04:36:13 AM
 #26

Your transaction was included in block 456363 by AntPool. Contact them and plead your case they might take pity on you and give you the fee back. Be nice as they are under no obligation to do so.

 While perhaps no legally bound to returning the mistakenly attached fee,  I believe that Bitcoin miners have a moral obligation to return blatantly abnormal fees once apprised of the situation hence they are not technically "under no obligation" to return the fee.  Think of it as a goodwill gesture to the Bitcoin community which already has it's more than fair share of scammers.  Wrong is wrong.



A moral obligation? Sure. They do have to give the fee back. It will be good for their karma. But really what else would it give them? It would be good to see if they did give it back, but do not expect anything and do not feel bad about it if they ignore you. Fair is fair in Bitcoin.
Yeah to be honest in the work they have involved it's good to return back the amount which by mistake was quoted as the transaction fee. As said we too cannot force them to return it back if they ignore. If he returns it, sure he will be blessed with something good.

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March 11, 2017, 05:55:31 AM
 #27

I believe that Bitcoin miners have a moral obligation to return blatantly abnormal fees once apprised of the situation

A moral obligation to fix someone else's mistake. Hellz no.

Granted, it would be a nice gesture to return what in this case seems an obvious error. If I were the miner, I would like to think that I would return the overage. But 'moral obligation'? That's crazy ass special snowflake shit.

Life is dangerous. Live accordingly. Don't expect others to clean up your messes for you.

 There's nothing crazy about moral obligation.  Life is not dangerous or there wouldn't be 7 billion humans on the planet - you're simply creating a false narrative. There's nothing dangerous about this particular predicament nor should it be considered a mess, an honest mistake has been made that merely requires honest action on the part of the miner (in this case Antminer) to remedy.  Hellz yeah!




We are all making mistakes, because we are not perfect and no one is perfect. And asking something back is not that easy, becuase people do like money, and 2.5 btc is a big deal. So, you are lucky if they are going to give it back to you, unlucky you if they don't. We, all the people in this world are the ones who are dangerous, and not this moral obligations.

We are all animals, animals in our own way, animals that lives in ourselves is the one who made us dangerous and making choices good or bad is up to us, and making big mistakes are the one taught us to be more careful next time, especially sending bitcoins.
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March 11, 2017, 07:26:39 AM
 #28

I think its not their obligation to return excessive fees because they just do confirmations and it is based on the fees that you pay so if you pay a high fee then your transaction will confirm faster than others because you are more priority than others. So I don't think that there is excessive fees because it is always depend on the bitcoin sender or transaction maker if he will pay high or low fees.
warwar
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March 11, 2017, 07:53:00 AM
 #29

I really do believe too that they have the power and authority to return misattached fees on every transaction under their miner pool.Yeah we know that its the users fault but if its too much then they have the right to claim some back and for the miner pool they have the authority to return it
Xester
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March 11, 2017, 07:57:45 AM
 #30

Your transaction was included in block 456363 by AntPool. Contact them and plead your case they might take pity on you and give you the fee back. Be nice as they are under no obligation to do so.

 While perhaps no legally bound to returning the mistakenly attached fee,  I believe that Bitcoin miners have a moral obligation to return blatantly abnormal fees once apprised of the situation hence they are not technically "under no obligation" to return the fee.  Think of it as a goodwill gesture to the Bitcoin community which already has it's more than fair share of scammers.  Wrong is wrong.



I don think they have the obligation to return the fees since what happened had already happened and they are not to blame. Let us face the fact that if the bitcoin problems on mining blocksize will not be answered the transaction confirmation will still take very long and with a higher mining fee. The higher the difficulty of solving a block the higher will be the fees and that is just right even though its disappointing.
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