AntPool to Refund $3 Million Transaction Fee
A well-known Bitcoin mining pool, AntPool, has made an announcement that they will be refunding the significant $3 million transaction fee that made headlines recently. The incident occurred when a user mistakenly submitted an 83 BTC gas fee, causing AntPool’s risk control system to temporarily freeze the transaction.
Reimbursement Process
In an update on November 30th, AntPool set a deadline for the original owner to verify their identity before December 10, 2023, by contacting the mining pool. To facilitate the refund process, the user is required to prepare a signing tool using the private key associated with the transaction’s address. The user must sign the message “AntPool” and send it to the provided support email address.
The Record-Breaking Error
The erroneous transaction involved the transfer of 55.77 BTC with a pre-transaction balance of 139.42 BTC. The user overpaid by an astonishing 120,528 times, setting a new record for a $3.1 million fee.
Similar Incident in September
In September, another incident occurred where a user mistakenly paid a $500,000 fee for a transaction worth less than $2,000. F2Pool, the responsible Bitcoin mining pool, agreed to reimburse the fee in that case as well.
Hot Take: AntPool Takes Responsibility and Offers Reimbursement
The decision by AntPool to refund the $3 million transaction fee demonstrates their commitment to customer satisfaction and their willingness to take responsibility for mistakes made by users. This action not only helps rectify the error but also builds trust and confidence among crypto users. It sets a positive example for other mining pools and service providers in the industry, emphasizing the importance of customer support and fair practices.
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