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Author Topic: Bitcoin User Accidentally Hands Over $105,000 Fee on $10 Transaction  (Read 552 times)
Patikno
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November 15, 2025, 05:00:02 PM
 #61

On Monday, a bitcoin user managed to send nearly an entire coin to miners by mistake—sending a 0.99 BTC fee on a simple $10 transfer to Kraken.

The $10 That Cost a Fortune
With the average high-priority bitcoin transaction fee sitting near $0.30 today, this unlucky user shelled out roughly 222,602 times more than necessary.

Source link: https://share.google/VISZ6xWQl58UDehFH

i need clarification on this because as a newbie and find it difficult to understand it
That is why it is important to be careful, and not rush into anything we do, especially Bitcoin transactions. It is worth checking, which only takes a few seconds or minutes, rather than regretting it later. While this case could potentially recoup his losses through a refund from the mining pool, but that doesn't mean we should be careless going forward.

From what I have read, the fee goes to MARA Pool, and there is no further information on whether the pool will issue a refund, but I hope this doesn't happen again, and I hope he can quickly recover his funds, like in previous similar cases that happened before.

Sources :  theminermag.com - MARA Pool Mines Bitcoin Block With 1 BTC Fee Paid on $10 Transaction
                 theminermag.com - Foundry Refunds 8.18 BTC in ‘Inadvertent’ Bitcoin Transaction Fees

                                 



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