Bitmain lost $150,000 because it mined an invalid Bitcoin block

Bitmain's Antpool erroneously invalidated a Bitcoin ($BTC) block it mined by adding the coinbase award with the transaction fee, asking for a 13.26 BTC reward instead of the current reward of 12.5 BTC. The error was attributed to a software snafu costing the mining pool the $146,200 in BTC reward plus energy spent.

Let us know what you loved about the report, what may be missing, or share any other feedback by filling out this short form. All responses are subject to our Privacy Policy and Terms of Service.
Mentioned Assets

Suggested Research Based on your Watchlists

Create a new watchlist
Mentioned Assets