Bitfinex just spent $23.7M in fees to make a single Ethereum transaction

Re:Bitfinex just spent $23.7M in fees to make a single Ether... by progbits on Monday September 27, 2021 @05:49PM (#28676462)

Looks like the miner returned significant portion back.

Here is the block, showing a reward of 7678ETH: https://etherscan.io/block/13307440

From that 7676ETH was the fee by Bitfinex (see OP).

And here (around 10 hours later) is a transaction from the miner giving back 7385ETH to Bitfinex: https://etherscan.io/tx/0x85294effd53126b3bfa9e7f655267e00ac...

Wonder if they talked or just decided to do this as a show of good will. Either way, still kept around $800k so not a bad deal.

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Re:Bitfinex just spent $23.7M in fees to make a single Ether... by bjt2n3904 on Monday September 27, 2021 @05:55PM (#28676522)

How much of this is... "Return it or we break your legs"?

I'd be significantly concerned about coming into $27 mn, even if (according to the laws of Medes and Persians and smart contacts) it was mine to rights.

There's "I hate you $1,000 much", and "I hate you $1,000,000" much. I should be able to manage the first. The second? Not so much.

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Re:Bitfinex just spent $23.7M in fees to make a single Ether... by ourgovtisinept on Monday September 27, 2021 @08:48PM (#28678012)

Can confirm. I had a co-founder screw me out of >$1mm. It's not something I think I'll ever "get over". As in, if I see him walking down the street I may enter a state of temporary psychosis.

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Re:Bitfinex just spent $23.7M in fees to make a single Ether... by ToFab123 on Monday September 27, 2021 @09:52PM (#28678412)

Sorry to hear. Just incase that ever happens you should delete your comment

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Re:Bitfinex just spent $23.7M in fees to make a single Ether... by csomar on Tuesday September 28, 2021 @06:48AM (#28681270)

You are dramatizing. Bitfinex is a bit shady but not Cocaine-dealers kind of criminal. Add that to the fact that many miners are anonymous or are actually pools run by actual companies. Best they can hope for is a legal proceeding.

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Re:Bitfinex just spent $23.7M in fees to make a single Ether... by JumpCrisscross on Tuesday September 28, 2021 @10:15AM (#28683031)

> Bitfinex is a bit shady but not Cocaine-dealers kind of criminal

Not far off [1]. Serial counterfeiting, fraudulent tax losses, shipping "a large block of wood" in a box supposed to contain memory chips.

Granted, no proven track record of violence. But most people in the illicit drug trade have no such record. And this one doesn't show evidence of good judgment.

[1] https://www.ft.com/content/4da3060c-8e1a-439f-a1d7-a6a4688ad...

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Re:Bitfinex just spent $23.7M in fees to make a single Ether... by killingtime74 on Monday September 27, 2021 @11:50PM (#28679133)

Legs? For that amount they will probably put a hit on you and your family lol

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Re:Bitfinex just spent $23.7M in fees to make a single Ether... by bitcoinmoney on Tuesday September 28, 2021 @12:14AM (#28679261)

How would they know miner’s details?

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