A cryptocurrency user inadvertently paid nearly 1 BTC, equivalent to about $105,000, in transaction fees to send a mere $10 worth of Bitcoin. The transaction, processed in block 923023 by mining pool MARA, included a fee of 1.029 BTC, significantly higher than the usual fees. The user paid 0.9999 BTC to transfer just 0.00010036 BTC. Despite Bitcoin network fees being at a historical low, averaging under $1 for high-priority transactions, it is uncertain if MARA will refund the excessive fee. Previous instances have seen mining pools like Foundry USA Pool and Antpool return substantial fees to users.
User Accidentally Pays $105,000 Fee for $10 Bitcoin Transaction
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