AntPool Vows to Return Record $3M Fee

AntPool Vows to Return Record $3M Fee



AntPool, a leading Bitcoin mining pool, has pledged to reimburse an unprecedented $3 million transaction fee, provided the true owner's identity is confirmed. This case involves a transaction fee of 83.65 BTC (approximately $3.1 million) to transfer just 55.77 BTC (around $2.1 million). The transaction occurred on November 23rd, with a fee significantly higher than usual, over 120,000 times the typical amount. This record-breaking fee for a Bitcoin transaction also highlights the volatile nature of digital currency.



AntPool has temporarily frozen the fee and is requesting the transaction initiator to authenticate their identity using a specific tool and a private key.



This incident echoes a previous situation where Paxos, a cryptocurrency company, inadvertently overpaid $500,000 due to a glitch, which F2Pool, another mining


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#AntPool, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #News

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