Misoperation Pays 1.6 BTC Fee, Approximately $102,800 Entirely Collected by Miners

Odaily Planet Daily News A user paid a network fee of 1.60 BTC (approximately $102,800) in a single transaction due to an anomaly in an RBF script that automatically increases fees, but no BTC was transferred to the recipient. The transaction was included in Bitcoin block number 962142 on August 12. On-chain records show that the transaction had only one input, totaling 160,343,885 satoshis, which was ultimately paid entirely as fees to miners, with an output amount of 0. The automated script increased the RBF fee once per second but had no fee cap set, causing the fee to gradually consume the entire input amount. The block was mined by SpiderPool, and this transaction contributed 88% of the block's total fee of approximately 1.82 BTC.