User Error Sees Bitcoin Mining Pool Earn $135,000 as Fee
A bitcoin transaction of 291.241 BTC saw a fee of 291.2409 BTC, making it an entirely generous fee from the user toward the miner or, more likely, a huge error on the user’s part. Eagle-eyed bitcoin enthusiasts spotted a notably large transaction on the blockchain, one which stood out due to its miner’s fee. First shared on Twitter, the transaction saw 291.241 BTC (approx $136,000) processed as a part of block 409,008 on the bitcon blockchain, with a fee of 291.2409 BTC. The transfer did not go to the intended recipient of the transaction but went to the miner instead. Mining pool BitClub....
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A bitcoin transaction with a 291 BTC fee worth $136,700 was processed as part of block 409,008 on the bitcoin network today, sparking speculation as to the nature of what many are considering a colossal error by an unknown user. The fee, one of many sent daily to pay bitcoin’s mining network for processing, managed to draw attention on social media due to its notable size. The average cost to clear a transaction on the bitcoin network was 31 satoshis, or roughly $0.01 at press time, a factor providing evidence of a potentially erroneous transaction. Now, bitcoin mining pool BitClub, which....
Earning money from Bitcoin has taken various forms since the world’s top digital currency became more popular. Some of them are new while others have been known to spread in reach along with the currency. Below are some of the best ways to earn money with bitcoin. Mining. Despite claims that bitcoin mining is no longer profitable due to the high cost of the energy required to get the miners powered, the increasing difficulty rate and the recent halving of the bitcoin block reward, mining activities are still being carried out though at a more larger scale and with sophisticated mining....
Based in Wenatchee, HashingSpace Corporation (OTCQB: HSHS), has announced the launch of Bitcoin mining pool Hashpool.com that also boasts of iOS and Android Apps for miners for a better experience. The mining pool is easily available to anyone with access to internet, iOS or Android devices as they could get the app from app stores and also via the website HashPool.com. HashingSpace has also expressed its commitment to put together key infrastructure so that the Bitcoin usage could be spread universally. It wishes to extend the use of this infrastructure for Bitcoin Mining Farms, ASIC....
For now, it remains unclear under which brand this new mining pool will operate. If there is one thing the Bitcoin world can never enough of, it is mining pools. MGT Capital Investments, Inc. (OTCMKTS: MGTI) has signed a Letter of Intent with Bitmain Technologies Ltd. As a result of this collaboration, both companies will focus on developing a new state of the art Bitcoin mining pool. John McAfee seems to be big on Bitcoin, and this venture only reaffirms that sentiment. This joint venture between MGT Capital Investments and Bitmain primarily targets North America. Bitmain is operating one....
Bitmain has announced the launch of its latest open source BTC.com bitcoin mining pool with new improvements and attractive pricing. Bitmain, the Bitcoin Mining ASICs manufacturer has launched a new open source mining pool. The new mining pool is part of BTC.com, the company’s Bitcoin block explorer, analytics tools and wallet services arm. According to the company’s blog post, Bitmain is offering a great deal to all the users joining its new mining pool. All miners on BTC.com mining pool will be able to mine the digital currency without having to pay any mining fee until next year.....