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January 21, 2014, 11:14:56 PM |
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I was doing some Mooncoin giveaways over the weekend. At first when I was sending out 5000, it would ask me for a 1 MOON transaction fee about 10% of the time. Then I was giving away 10000 at a time, and it was asking for 1 MOON about 20% of the time. Since then, I've been giving out 7500, and it asked for 1 MOON every time. So I set my wallet to automatically add a 2 MOON transaction fee for every transaction.
I'm not a miner and don't know anything about mining, but I'm wondering why it asked for fees sometimes and not others, and what effect adding a transaction fee has on a miner's willingness to mine a particular coin, and would paying higher fees induce more people to mine, etc. Can you help me understand it all?
Thanks for any info!
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