Bitcoin User Unwittingly Pays $3.1 Million in Single Transaction Fee Block 818,087 stands out in Bitcoin’s ledger for recording the largest fee for a single transaction in its history. This block encapsulated around
4,179 transactions. Besides the standard reward
of 6.25 newly created BTC, Antpool earned an additional
85.216 BTC in fees from this block. The extraordinary transaction fee amounted
to 83.65 BTC,
transferring 55.77 BTC, valued at approximately $2 million based on current exchange rates. This incident surpasses the previous record, where an excessive fee of about
19.8 BTC – worth $738,639 today but approximately $500K at that time – was paid. This earlier record was
set in block 807,057, mined by F2pool, which earned 20.0127 BTC in total fees from the block. The
19.8 BTC transfer was later identified as a transaction by
Paxos. In a gesture of goodwill, F2pool chose to refund the company, demonstrating that miners have the discretion to reimburse addresses in cases of apparent errors.
