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Could someone explain how this would work? I know the fees go to the miners...is there some way to determine in advance _which_ miner(s) receive the fee? I thin
by mandelbrotwurst 6y ago
Could someone explain how this would work? I know the fees go to the miners...is there some way to determine in advance _which_ miner(s) receive the fee? I think this would need to be possible in order for this to be practical since I can't imagine a good outcome here for the person initiating this transaction to be that they just pay those fees to some random recipient(s), right?
- gruez 6y ago>is there some way to determine in advance _which_ miner(s) receive the fee? yeah, don't broadcast the transaction publicly. Only give it to the miner you're colluding with.
- YetAnotherMatt 6y agoIf you publish your transaction publicly then any miner can get the fees from that transaction. If you send your transaction only to your preferred miner, then only your preferred miner can get the fees from that transaction. None of the standard software used for mining enables adding additional possible transactions manually AFAIK. It theoretically could be done though. The only thing you need is to be capable of actually mining a block, which costs about 13k USD I've heard.
- dannyw 6y agoMining pools are run by teams of people whose full time jobs are to take care of their pool. I don't think any significant BTC or ETH pool runs standard software without any modifications. I wanted to get a custom coinbase message included in a block, and paid $500 to a pool for the privilege.
- dannyw 6y agoYes. You only broadcast the tx to the miner; who keeps it to themselves.