A Bitcoin user paid 1.6 BTC in transaction fees in block 962,142 even though the actual transfer amount was zero, according to BeInCrypto, in a case tied to an automated script using Replace-by-Fee, or RBF. The report said the script kept raising the fee bid every second, eventually draining the wallet’s full balance. SpiderPool mined the block and collected the unexpected payout. The fee alone accounted for about 88% of the block’s total fees, which were reported at roughly 1.82 BTC. The incident points to how automated transaction management can produce outsized losses when fee logic runs without effective limits, especially in setups that repeatedly rebroadcast transactions under RBF rules.
A Bitcoin user paid 1.6 BTC in fees, or about $102,800, in block 962,142 while transferring zero BTC, according to BeInCrypto.
The report said the loss came from an automated script that had Replace-by-Fee, or RBF, enabled. The script raised its fee bid every second and eventually exhausted the wallet’s entire balance.
SpiderPool mined the block and received the unexpected windfall. BeInCrypto said the 1.6 BTC fee made up about 88% of the block’s total fees, which were roughly 1.82 BTC.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
