2.5 btc tx fee

[Erichallig]

https://live.blockcypher.com/btc/tx/4d45a14ee7320b97bafd550d60df1a1be524f3cfc8ca1ea6295279eeb7026aff/

Wtf. How does  it happen 😄😄😄

[Yuuto]

https://live.blockcypher.com/btc/tx/4d45a14ee7320b97bafd550d60df1a1be524f3cfc8ca1ea6295279eeb7026aff/

Wtf. How does  it happen 😄😄😄

Probably a big mistake by whoever sent the funds.

I mean there are a lot of transactions that carried way more transaction fees than even this one, i believe there was one with something like 40+ BTC in transaction fees. It's not that uncommon these days to have transactions with fees over 0.1 BTC, without a mistake just because the fees are pretty damn high right now.

If that guy made a mistake, which he probably did, he should contact whoever mined the block which is Antpool in this case and ask for a refund.

I've seen companies offer refunds before, not sure what's Antpool's stance on this issue.

[alani123]

Somwone was probably drunkenly using a waller that allows hand input for fees and mistook the field. There have been cases that the pool mining the transaction returned the fee but they're certainly not obligated ro.

[dothebeats]

https://live.blockcypher.com/btc/tx/4d45a14ee7320b97bafd550d60df1a1be524f3cfc8ca1ea6295279eeb7026aff/

Wtf. How does  it happen 😄😄😄

Just a mistake, and lucky for those have repays :
Bitcoin Miner Repays Customer Who Accidentally Paid 2.5 Bitcoins Transaction Fee
And all well done here https://bitcointalk.org/index.php?topic=1818791.0

The reply of their representative is indeed correct--the user made the mistake personally and the company has no responsibility or whatsoever in the matter. However, it is so kind of them to still give the user his losses after what has happened on that scenario and that was pretty cool of Antpool to do since the funds were already dispersed but still they gave it to the dude. A nice ending to a horrific start, I guess.

[bL4nkcode]

It happens when the wallet you use to send funds don't have the feature to input the fees manually and you can't preview the fees, seems like electrum and mycelium but those two can preview the fees before sending so still it safe.
Or maybe he used some exchange that get the fees from the users balance automatically and the user can't see if the fees reach 1 BTC already.

[ranochigo]

Its likely someone who was messing around and handcrafted the TX himself. Many don't realise that the fee is always the input amount-output amount and the fee is unintentionally overpaid. Depending on who mined the transaction, they may not refund. The 2.5BTC is technically theirs.

[xhomerx10]

A big Saint Patrick's day fuck up, a little took much whiskey I bet.

 Well, the guy must have started the celebrating really early; the incident occurred over a week ago.
Now who's been into the whiskey?!
 

[nickhiggins123]

Clearly just a rich guy trying to help the network right

[Murat]

Clearly just a rich guy trying to help the network right

It was a mistake. he posted here in bitcointalk weeks ago.

https://bitcointalk.org/index.php?topic=1818791.0

[n0ne]

I think this happened because he could have thought that he's placing transaction fee in the form of dollars. In such a way to get faster confirmation could have done it without understanding the representation of btc and dollar separately. The user is simply helpless, because such transaction get confirmed in a short as well getting back is tedious.

[RoommateAgreement]

Clearly just a rich guy trying to help the network right

It was a mistake. he posted here in bitcointalk weeks ago.

https://bitcointalk.org/index.php?topic=1818791.0

oh man i wish it wasn't just a one comment kind of topic from OP and it would have been great if he/she could explain why that happened so maybe others could learn from that mistake.

anyways that seems to be a story with a happy ending since the miner (Bitmain) paid him back
https://blockchain.info/tx/eb76fdc7a422342cc5b97c77f8e37406aefb3ec8cfbe2c00e0240138b950b768

[Clement Kaliyar]

A big Saint Patrick's day fuck up, a little took much whiskey I bet.

Well, the guy must have started the celebrating really early; the incident occurred over a week ago.
Now who's been into the whiskey?!

Sure he might have started the celebration because you are the guy who took the initiative to inform the Bitmain team about this mess up and mistakes can happen when you are high or if you did not double verify .Cudos to the bitmain team for sending him back the amount even though they are not obliged to return the amount as they have already distributed among miners,why dont you join him for the booze party.  

[xSkylarx]

https://live.blockcypher.com/btc/tx/4d45a14ee7320b97bafd550d60df1a1be524f3cfc8ca1ea6295279eeb7026aff/

Wtf. How does  it happen 😄😄😄

Whoever sent that transaction fee that big accidentally is crying right now, lol. 2.5 bitcoin is a big deal, maybe not, if he have too much bitcoin in his wallet, and it is not a problem to him to earn that amount of bitcoin that is why maybe he put the transaction fee into 2.5 for a faster transaction, and if its true that he just accidentally sent it, then he's doomed, 2.5 bitcoin is not that easy to earn.

[dihari]

If this problem known by everyone who don't understand what's the problem, it would be a bad impression for cryptocurrencies, especially bitcoin. Bitcoin known as the alternative instant payment with low fee that don't need third party, if this big fee heard by the competitors, it's not good on the news.

[Chevas Regal]

A big Saint Patrick's day fuck up, a little took much whiskey I bet.

Yeah this generally happen when you intake a large volume of Chivas Regal, I am pretty sure that he would run to the miner who confirmed the transaction to refund , but it is a way to difficult for one to make them reply to you.
anyways this is hard fucked now..

[Iranus]

https://live.blockcypher.com/btc/tx/4d45a14ee7320b97bafd550d60df1a1be524f3cfc8ca1ea6295279eeb7026aff/

Wtf. How does  it happen 😄😄😄

Probably a big mistake by whoever sent the funds.

I mean there are a lot of transactions that carried way more transaction fees than even this one, i believe there was one with something like 40+ BTC in transaction fees. It's not that uncommon these days to have transactions with fees over 0.1 BTC, without a mistake just because the fees are pretty damn high right now.

If that guy made a mistake, which he probably did, he should contact whoever mined the block which is Antpool in this case and ask for a refund.

I've seen companies offer refunds before, not sure what's Antpool's stance on this issue.

That's just not true.  The fees are pretty high, but they've never been recommended over BTC0.1 and even for quick transactions they've never been over BTC0.01.

It's very confusing how people manage to make transactions with mistakes this serious, because most major wallets give you warnings if you put the transaction fee too high.  Not to mention that if you hold enough Bitcoin to make that mistake anyway, you should be able to be very careful with your Bitcoin when sending any transactions.  But then again, when there are thousands of transactions going on every hour, I suppose there always has to be someone who, by coincidence, makes such a bad mistake.

If this is the person I'm thinking about though, they were refunded by Antpool a while ago.

[1Referee]

Its likely someone who was messing around and handcrafted the TX himself. Many don't realise that the fee is always the input amount-output amount and the fee is unintentionally overpaid.

This. I once had that problem too when creating a raw transaction. I was so focused on experimenting that I completely messed up. Raw TX was sent where the rest of my balance was included as fee, lol. It gladly wasn't a huge amount (around 0.10BTC), but still, it hurts. I could have tried to double spend that TX, but it was useless since I would then lose more than I would gain.

Depending on who mined the transaction, they may not refund. The 2.5BTC is technically theirs.

It's gone. In most cases pools directly pay out everything to their miners. I don't think many pools are willing to swallow a loss just because someone else made a mistake. I however have to note that very recently someone was indeed refunded by a mining pool after adding a way too high fee. But in that case it looked more like a publicity stunt to me.

[neochiny]

Clearly just a rich guy trying to help the network right

It was a mistake. he posted here in bitcointalk weeks ago.

https://bitcointalk.org/index.php?topic=1818791.0

oh man i wish it wasn't just a one comment kind of topic from OP and it would have been great if he/she could explain why that happened so maybe others could learn from that mistake.

anyways that seems to be a story with a happy ending since the miner (Bitmain) paid him back
https://blockchain.info/tx/eb76fdc7a422342cc5b97c77f8e37406aefb3ec8cfbe2c00e0240138b950b768

Ahuh. That he did. Came here and asked for help yet didn't bother to respond. Just that one single post of him. And he was gone.
It was xhomerx10 who took the initiative to contact Bitmain and got a favorable response. Good thing he did.

Honestly, I think it's a stupid mistake to make. Wouldn't you double or even triple check everything before sending a transaction? That's just being too careless. But yeah, it happens.

As for Bitmain, publicity stunt or not, it's a good gesture. I don't consider the motive (in this case) to matter.

[TastyChillySauce00]

It happens when the wallet you use to send funds don't have the feature to input the fees manually and you can't preview the fees, seems like electrum and mycelium but those two can preview the fees before sending so still it safe.
Or maybe he used some exchange that get the fees from the users balance automatically and the user can't see if the fees reach 1 BTC already.

There's no way that some exchange that deducts user's balance to pay fee could make a big mistake like that, I'm sure that they're using their own algorithm which is finely made and tested.  If the exchanges were calculating the fee based on its size and depending on the current recommended rate which is 200sat/b then it wouldn't surpass 0.005 as it's the recommended fee for 2000b as showed in the transaction description.

[gredisgold88]

wow, that fee which is amazing, maybe he did deliberate action by giving tax 2.5 BTC, and may also be an expression of gratitude for the gift that has been given of the BTC. or maybe he made a mistake and think that he is sending 2.5 BTC. already a lot going on with the fee on 1 BTC.