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$0.65 Bitcoin Transfer Pays $6,514 in Fees, 35% of Next Block's Available Fees
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News EditorBitcoin News reports that a single Bitcoin transaction has contributed 9.99 million satoshis — about $6,514 — in fees to the next candidate BIP-110 block. The transfer moved only 1,000 satoshis, worth $0.65, while paying 9.999 million satoshis in fees, a rate of 90,081 sat/vB. That is roughly 35% of the current block's available fees, which total 0.29 BTC, or $18,573. The transaction has replace-by-fee (RBF) enabled, meaning it could be replaced before confirmation. Odaily Planet Daily reported the finding.
Bitcointransaction feesBIP-110RBFon-chain datablock feesBitcoin News
According to Bitcoin News, one Bitcoin transaction has contributed 9.99 million satoshis — worth $6,514 — in fees to the next candidate BIP-110 block. The transaction sent only 1,000 satoshis of Bitcoin, valued at $0.65, while paying 9.999 million satoshis in fees. That works out to a fee rate of 90,081 sat/vB.
The payment represents roughly 35% of the block's current total available fees, which amount to 0.29 BTC, or $18,573. The transaction has replace-by-fee (RBF) enabled, so it may be replaced before the block is confirmed.
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