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Author Topic: Somebody paid $310,000 in transaction fee to send 0.1eth  (Read 983 times)
rdbase (OP)
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February 19, 2019, 07:45:41 PM
Last edit: February 19, 2019, 08:27:24 PM by rdbase
 #1

I do not know if this person didnt know what they did and switch the sending amount with the transaction fee or what happened. But I think their boss will be giving them a talk tomorrow morning on why their customer didnt get the payment they were suposse to.

That is 2100 ethereum to the miners. As the comments say "They must be happy! Grin"
 Roll Eyes
https://etherscan.io/tx/0x1f73b43dc9c48cc131a931fac7095de9e5eba0c5184ec0c5c5f1f32efa2a6bab

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February 19, 2019, 08:07:34 PM
 #2

That's indeed a nice tip for the miners Cheesy
It's even worse than ordering stuff online for $5 and paying $10 for the delivery Cheesy

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February 19, 2019, 08:12:38 PM
 #3

Omg! this is really so dumb, it's such a huge waste of money because of the lack of attention when sending money. I'm sure his boss will fire him and maybe kill him because of that, but I think there is some ways to recover this lost money, by contacting support maybe, or doing another trick, but this thing is really so stupid and horrible. People should be more careful when sending money, especially when the amount of money is so huge like that, any mistake will cost you so much.
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February 19, 2019, 08:15:22 PM
 #4

That's a lot of money to pay for a transaction. If I were their boss I'd fire him and the ones who trained that guy.

For someone how loses such amount in times when the bulls are coming, it must be one hell of a 10K BTC pizza sob story. Good for the miners though.

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February 19, 2019, 08:16:54 PM
 #5

History repeats itself? Cheesy

https://www.blockchain.com/btc/tx/258478e8b7a3b78301661e78b4f93a792af878b545442498065ab272eaacf035

It's technically possible for whoever mined the block to return the fees though..

Beep boop beep boop
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February 19, 2019, 08:17:55 PM
 #6

Meh, this thing happens regularly for Bitcoin. Maybe even at least once a year. These people don't practice safety!


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February 19, 2019, 08:23:21 PM
 #7

Thats gotta hurt, Was it done on purpose or by accident or ignorance?
Could have been done by a disgruntled employee on their last day on
the job....then again why not just send the 2100 eth to your own address,
Bizzare

Nice round number though

Maybe it should have been the other way around, send 2100 with 0.1fees

R


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February 19, 2019, 08:30:26 PM
 #8

Thats gotta hurt, Was it done on purpose or by accident or ignorance?
Could have been done by a disgruntled employee on their last day on
the job....then again why not just send the 2100 eth to your own address,
Bizzare

Nice round number though

Maybe it should have been the other way around, send 2100 with 0.1fees
This is what I think the sender did. Was mix up the sending fee field with the amount to send one.

History repeats itself? Cheesy

https://www.blockchain.com/btc/tx/258478e8b7a3b78301661e78b4f93a792af878b545442498065ab272eaacf035

It's technically possible for whoever mined the block to return the fees though..

I knew it is possible for bitcoin but wasnt aware it was possible for ethereum on their blockchain.
Is there a way to see which miner or pool received the block reward of this size?

In my other thread I posted about the etc chain sent the miners pool 104etc instead of the 4etc per block reward.

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February 19, 2019, 08:41:43 PM
Merited by KingZee (1)
 #9

History repeats itself? Cheesy

https://www.blockchain.com/btc/tx/258478e8b7a3b78301661e78b4f93a792af878b545442498065ab272eaacf035

It's technically possible for whoever mined the block to return the fees though..

There's a great thread about that one, definitely worth a read: https://bitcointalk.org/index.php?topic=296217.0;all

I remember reading a few years back about a case like this. The whole thing unfolded on Reddit and I'm pretty sure the guy ended up communicating with the pool that mined the block they returned his coins. I can't find the thread now, though.

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February 19, 2019, 08:53:45 PM
 #10

I’m quiet confused since the price of ETH is pumping for a week now not knowing that the trasaction fees are more expensive than what you have. I don’t know if this is true or not but this is really alarming and it can result to other dump for the price of ETH.
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February 19, 2019, 09:01:52 PM
 #11

I do not know if this person didnt know what they did and switch the sending amount with the transaction fee or what happened. But I think their boss will be giving them a talk tomorrow morning on why their customer didnt get the payment they were suposse to.

That is 2100 ethereum to the miners. As the comments say "They must be happy! Grin"
 Roll Eyes
https://etherscan.io/tx/0x1f73b43dc9c48cc131a931fac7095de9e5eba0c5184ec0c5c5f1f32efa2a6bab

Really a terrible mistake
Especially if there is no way to recover money
The catastrophic error of some people lies in
Do not review process data more than once
And does not deal with the steps to be taken seriously.

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February 19, 2019, 09:13:23 PM
 #12

2100  Ether thats a huge amount, that could have been vitalik that gave that tip to the miners....

if not it could be used for a massive anti ethereum propaganda campaign soon

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February 19, 2019, 09:19:17 PM
 #13

2100  Ether thats a huge amount, that could have been vitalik that gave that tip to the miners....

if not it could be used for a massive anti ethereum propaganda campaign soon
This is something that could possibly be the reason for this high payment for a transaction fee.
They want to show ethereum is not a perfect system in their proof of being a smart contract in be able to send value to one another. Wink
But the wallet address is still sending transactions regardless of their error or lack of it being one. Undecided

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February 19, 2019, 09:20:24 PM
 #14

2100  Ether thats a huge amount, that could have been vitalik that gave that tip to the miners....

if not it could be used for a massive anti ethereum propaganda campaign soon

Yeah, this is an enormous amount of money for just one transaction. I think probably it was a mistake made by someone non-expert... but what a kind of mistake!!!
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February 19, 2019, 09:44:00 PM
 #15

Actually, this is just the highest fee of a total of 4 transactions from the same wallet. Grand total: 3,150 ETH transaction fees for ~ 0.15 ETH.

https://cryptopotato.com/developers-mistake-someone-just-paid-450k-3150-eth-for-ethereum-transaction-fees/
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February 19, 2019, 10:06:48 PM
 #16

$310,000 boy just for that transaction fee.

I wouldn't know what I can do to myself if I commit that myself. I hope that good will shall come and the amount will be sent back.

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February 19, 2019, 10:38:25 PM
 #17

$310,000 boy just for that transaction fee.

I wouldn't know what I can do to myself if I commit that myself. I hope that good will shall come and the amount will be sent back.
It was said earlier it happened on the bitcoin blockchain several years ago and the pool who received the botched amount sent as the the transaction fee resent it back to the sending address.
So you never know as this recent incident happened just today about 21 hours 21 minutes ago. Smiley

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Darkoth89
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February 19, 2019, 10:55:09 PM
 #18

Actually, this is just the highest fee of a total of 4 transactions from the same wallet. Grand total: 3,150 ETH transaction fees for ~ 0.15 ETH.

https://cryptopotato.com/developers-mistake-someone-just-paid-450k-3150-eth-for-ethereum-transaction-fees/
"Four transactions which saw a transfer of roughly $19 or less than 0.15 ETH from a specific Ether wallet address were charged a whopping $454,500 in transaction fees on the Ethereum Network.

In the first transaction of the four, the user sent 0.01 Ether ($1.47) and paid a transaction fee of 210 ETH (approximately $30,850).

The next two transactions (first, second) saw twice that amount charged for transferring just $2.94 worth of Ether while the most outrageous was the 2100 ETH ($308.553) fee charged for only $14.69 or 0.1 ETH."

Yeah the second transaction was with a 210 eth fee just to add to the total amount sent today in this ethereum sending fee error. Undecided

But was this really just a mistake? I mean, yeah, it maybe could happen once (if you have no clue what you are doing) but at 4 four transactions? That doesn't look like it was an error.
mrdeposit
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February 19, 2019, 10:55:26 PM
 #19

I do not know if this person didnt know what they did and switch the sending amount with the transaction fee or what happened. But I think their boss will be giving them a talk tomorrow morning on why their customer didnt get the payment they were suposse to.

That is 2100 ethereum to the miners. As the comments say "They must be happy! Grin"
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https://etherscan.io/tx/0x1f73b43dc9c48cc131a931fac7095de9e5eba0c5184ec0c5c5f1f32efa2a6bab
Wow, it looks like a huge amount to give a tip or a fee. Tomorrow he will look at life from another perspective. Or maybe someone made a big profit from somewhere and sent it to the miners as a gift.
wxa7115
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February 19, 2019, 10:56:20 PM
 #20

Omg! this is really so dumb, it's such a huge waste of money because of the lack of attention when sending money. I'm sure his boss will fire him and maybe kill him because of that, but I think there is some ways to recover this lost money, by contacting support maybe, or doing another trick, but this thing is really so stupid and horrible. People should be more careful when sending money, especially when the amount of money is so huge like that, any mistake will cost you so much.
The miners that mined that block can return the coins, however if they refuse to do so then there is nothing else to do since this was a mistake of the user, I do not know why this happened, but it is likely that the user made a mistake when he was using his wallet, but this is why it is important to make a small test before sending significant amounts of money to an address you do not control, if he instead made a test with 0.1ETH then the loss could be several times smaller and the damage to his holdings will be minimal but now he will depend on the kindness of others to recover his coins.
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