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My guess is yes.
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When a pay-per-share mining pool (eg almost all of them except for Braiins) has a bad luck streak, they must do payouts to their customers from a reserve fund rather than coinbase tx's from newly mined coins. Could be that.
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thats mine I tought I was on testnet sorry ;)
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If you withdraw with Cash App via the 24 hour / zero fee method, they join your transaction with several hundred others. I'm not sure I've seen one this large yet, usually it's more like a pool of 3-5 BTC split 200 ways or so.
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But why are all the transactions with the same amount of sats? And why over-pay fees by so much? Doesn't make sense.
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I bet it's River. I haven't heard of anyone else re-using keys, but I heard in an interview with the guy from there that they ONLY use bitcoin addresses that they know they can send bitcoin from (re-using). This transaction left some BTC behind and the source that populated it also has funds leftover. It seems like that kind of behavior since River's whole model is that you buy bitcoin and they send it to your own wallet. So that would track with all of these tiny transactions going out of it--people buying $50 worth of BTC and getting it sent to self-custody.
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certainly looks like either an exchange, pool, or mixer... 🤷
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Fat fingers?
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Looks like a mining payout
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That could game transaction on Bitcoin.
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I'm guessing it is for ordinals
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To P2PKH addresses? ^^
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Ah good point, yeah that's weird
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