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This is not that uncommon. The miner signs a tx with that insane fee, but intentionally doesn't broadcast it (so nobody can include that tx but themselves). W
by cypress66 3y ago
This is not that uncommon.
The miner signs a tx with that insane fee, but intentionally doesn't broadcast it (so nobody can include that tx but themselves).
When he finds a block, that tx is included and he's basically paying himself.
It's mostly done for the memes.
- deleted 3y ago[deleted]
- RcouF1uZ4gsC 3y agoSee the post below why this is unlikely: https://news.ycombinator.com/item?id=37473536 https://news.ycombinator.com/item?id=37473536
- ryanschaefer 3y agoThat’s not what this person is saying. What they’re saying is that the miner (in this case the same person as the sender) signed a transaction with an insane fee and kept it private. The miner then solved a block. Finally, the miner then includes their transaction in the block because they’re allowed to pick what transactions to include. This would only happen for a “memey” reason because the miner is technically losing out on a transactions worth of fees but it does generate headlines like this which I would say would be worth $1-3. Not likely what happened in this case but theoretically possible with the technology.