🚨 A Bitcoin user just lost 1.60 BTC to transaction fees due to an RBF script error.
According to Odaily, a transaction included in Bitcoin block 962142 on August 12 ended up paying the entire 1.60 BTC input to miners as fees—while the recipient received nothing.
The issue was reportedly caused by an automated RBF script that increased the transaction fee once every second without setting a maximum fee limit. As the fee kept rising, it eventually consumed the full input amount.
The transaction carried 160,343,885 satoshis, all of which went to miners. It accounted for roughly 88% of the block’s total 1.82 BTC in fees.
The block was mined by SpiderPool.
💡 Lesson: When automating RBF transactions, always set strict fee caps and safety limits. One small script error can turn into a massive loss.
#bitcoin #BTC #crypto #RBF #BlockchainNews
According to Odaily, a transaction included in Bitcoin block 962142 on August 12 ended up paying the entire 1.60 BTC input to miners as fees—while the recipient received nothing.
The issue was reportedly caused by an automated RBF script that increased the transaction fee once every second without setting a maximum fee limit. As the fee kept rising, it eventually consumed the full input amount.
The transaction carried 160,343,885 satoshis, all of which went to miners. It accounted for roughly 88% of the block’s total 1.82 BTC in fees.
The block was mined by SpiderPool.
💡 Lesson: When automating RBF transactions, always set strict fee caps and safety limits. One small script error can turn into a massive loss.
#bitcoin #BTC #crypto #RBF #BlockchainNews