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The miners did not ask for so much! These are two very unique transactions that occurred yesterday and this morning on Ethereum (ETH). They broke all records in terms of gas costs, since they each cost a whopping $ 2.6 million!
Two errors with far too many zeros
Yesterday, and this morning, two transactions on the Ethereum network included totally exorbitant gas costs.
That of yesterday saw trading 0.55 ETH - or about $ 136 - for a total transaction fee of more than 10,668 ethers, or about $ 2.6 million! And rebelote this morning: 350 ETH - or $ 86,400 - were exchanged for fees of 10,668 ethers once again.
Source : etherscan.io
The person behind these transactions was probably mistaken in entering the price of the gas charges. Even if the Ethereum network is well saturated, they are between 20 and 50 Gwei great maximum in recent times. Now, the price of gas has been set at 508,034,850 Gwei (0.508 ETH) for these transactions, 10 million times more than necessary!
Source : etherscan.io
When we multiply this gas price by the gas limit usually necessary to carry out a standard transaction on Ethereum, this gives 0.508 x 21,000 = 10,668 ETH of charges!
Minors thrilled but wondering
The Ethereum SparkPool mining pool had the chance to undermine the block of the first transaction at more than generous costs. A sacred gem when you know that only two small ethers are paid as a reward usually to validate a block (excluding gas costs).
SparkPool officials are trying to find out how such an error could have occurred, possibly finding a solution with the person behind the transaction:
The Ethermine mining pool of Bitfly has validated the block containing the second transaction that occurred this morning. Again, the "gift" is too good to accept without explanation:
Assumptions are everywhere to explain these transactions, especially since the occurrence of a second transaction with the same cost error. This makes the event even stranger ... Real gross error made twice, money laundering with the complicity of the mining pool?
According to Alex Manuskin, blockchain analyst at ZenGo interviewed by The Block, it could rather be a bug in an automated system:
A possible explanation could be a mess in the code of a bot, between the value sent and the price of gas. This sender sent a transaction approximately every minute, which does not sound like human behavior. It could be some sort of robot for trading platform.
Whatever the exact origin of this transaction, there is no doubt that it will have devastating effects on its author. Even if miners are kind enough to return these exorbitant transaction fees, it is quite a programming flaw that has slipped in there, if it is indeed a bot.
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