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Author Topic: Somebody paid $310,000 in transaction fee to send 0.1eth  (Read 941 times)
various
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March 12, 2019, 02:11:18 PM
 #141

There seems to be a big mistake but how such a mistake can be made. As much money as I've never seen in my life is just a transfer fee. I wonder what happened to him later.


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March 12, 2019, 02:19:16 PM
 #142

This is obviously a mistake and a very expensive one in fact. And the fact that mistakes like this is very possible is one of the major problems that is keeping cryptocurrencies from going mainstream.
From the looks if it he or she adjusted the eth of the transaction fee to 2100 when he may have just wanted to adjust the gas fee.
Mistakes like this happen in crypto



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March 12, 2019, 02:25:10 PM
 #143

There seems to be a big mistake but how such a mistake can be made. As much money as I've never seen in my life is just a transfer fee. I wonder what happened to him later.


biggest mistake ever.we need to recheck everything while make transaction even that ethereum, bitcoin or other coins.one little mistake will has big impact to our balance.

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March 12, 2019, 03:28:22 PM
 #144

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

Wow! this is indeed a food for thought for those who enter into the crypto industry without being educated about it. This might have been caused by lack of knowledge on handling crypto transactions. This is indeed very sad

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WalkerIVIV
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March 12, 2019, 03:40:26 PM
 #145

There is a transaction receipt before sending the eth right? Why didn't he saw that before he sent the money? Sometimes it's the users' problem. And also, why are you putting your bag of eth in one wallet. It should be diversed.
No need to diverse our funds if our wallet is secured,all we need to do is little bit extra care while making transaction by double check the entered values.
These a human error and basically when we have been putting the decimal and the fees will be automatically generated by the system and that's it. We must try to do double check for that. There was a lot of these cases in the past.

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March 12, 2019, 05:15:13 PM
 #146

As far as I know, mining pools are waiting for the person who is responsible for this transaction to appear, they are going to return this money to him, if he does not appear, the funds will be divided between the pool members.

This is correct, I posted a link to an article 3 days ago in this same thread about Sparkpool. I've been watching the sending address and I saw some activity, so they have probably already contacted the mining pool? https://etherscan.io/address/0x587ecf600d304f831201c30ea0845118dd57516e

But before the crazy transaction happened, there were another 2 weird transactions with 210 ETH and 420 ETH fee and another one of 420 ETH fee after the 2,100 ETH..



Here they are:
https://etherscan.io/tx/0x5691ddae752652bd579da5b45e84d5b90ae35acce5cbd308a1574c31f722608f (Block 7,238,273 mined by Nanopool)
https://etherscan.io/tx/0xcb59748b9b7b9732f04b66dde0009a1e4856a50ed8ff68a0dedbaa5e57807d31 (Block 7,238,275 mined by Nanopool again)
https://etherscan.io/tx/0x464e50e8ade15ad883f80fd173f6afd85efdf15413892625fe0146fbe5fecd92 (Block 7,239,021 mined by Ethermine)

Geez, And another one with 840 ETH fee:
https://etherscan.io/tx/0xc3e6f47ffa1b1e0bf926d5727e1adedac595d24cc4fa9b2f271d35566fdaf8d6 (Block 7,239,023 mined again by Nanopool, lol)


What a bunch of lucky birds.. But WTF went wrong? Someone got drunk, crazy or hacked? Smiley
They are splitting the transaction fee 50/50 with the sender and the miners on the pool.
As shasan posted earlier with this link to the article source.
https://www.coindesk.com/sparkpool-splits-2100-ether-mining-fee-with-accidental-sender

What the heck did they do?
That was a huge money I am sure who ever made that transaction is so depress right now,
I mean look at how much money he/she have wasted ,
2100 ETH just to send 0.1 ETH.
It was an accident done by a firm in south korea according to the article above first posted by shasan as I found about the follow up to the story late last night and just remembered to post an update to the thread.
Of course the employee who did the error was fired.

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March 12, 2019, 05:22:09 PM
 #147

 Undecided Can this swap miners? Look, I don’t think that someone can get mad so many times in a row. I think this is not a mistake but a deliberate act that would raise the price of Eth.

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March 12, 2019, 05:59:39 PM
 #148

There is a transaction receipt before sending the eth right? Why didn't he saw that before he sent the money? Sometimes it's the users' problem. And also, why are you putting your bag of eth in one wallet. It should be diversed.
No need to diverse our funds if our wallet is secured,all we need to do is little bit extra care while making transaction by double check the entered values.
These a human error and basically when we have been putting the decimal and the fees will be automatically generated by the system and that's it. We must try to do double check for that. There was a lot of these cases in the past.
That is why we need to be more cautious and it is nothing wrong with the blockchain transaction,if it might happen with the fiat transactions as well by entering wrong amount or wrong account person they we will lose our money.

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March 12, 2019, 06:02:35 PM
 #149

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
If i would not see it i would not believe it. I wonder if they realised the mistake they made. This is the prove that certain thing should not be done in hurry.
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March 12, 2019, 06:11:04 PM
 #150

Who could have made such a heavy blunder. Such mistakes are the more reason folks so should not only double check but triple check before giving any command when financial transactions are involved
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March 13, 2019, 02:41:18 AM
 #151

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

LOL, how did you find the transaction ? This is very hilarious.  Grin
I guess they was wrong to set the gas fee, it was 100,000,000 gwei, no wonder it was 2,100 ETH fee.
If you see the history of their transaction, there are more 2 transactions before, using 210 and 420 ETH for fee.

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March 13, 2019, 04:21:35 AM
 #152

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

Yeah right. I think Miners are rejoicing for this amount to process. I dont know if this is a trip but this guy is crazy to send an amount of 0.1eth alone having a fee greater than what he send. In every platform there is a suggestion for gas fee right? Havent this guy paying attention to it?
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March 13, 2019, 04:48:22 AM
 #153

This was a dumb move by the sender I wonder which wallet he was using to send it gas is always automatic in some wallets.
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