Miner received cryptocurrencies worth $ 18 million due to a failure

By | June 5, 2020
Miner received cryptocurrencies worth $ 18 million due to a failure

Miner received cryptocurrencies worth $ 18 million due to a failure
An error occurred in the Bitcoin token network, because of which the user for one block produced 5 billion tokens out of a total of 21 million possible

The Bitcoin cryptocurrency network crashed. The miner received 5 billion XBG or almost $ 18 million at the current exchange rate for finding one block. At the same time, the total issue of the asset is only 21 million tokens. Thus, the miner at a time mined 24,000% more coins than they should have existed.

One of the first to report a problem was the Coinmarketcap aggregator. On the Bitcoin page, he posted a warning about “billions of issued tokens.” Later it turned out that the leading developer of the Farazen project was involved in the incident. In an interview with Cointelegraph, he said that the coins were mined as a result of a malfunction and all went to him.

Leave a Reply

Your email address will not be published. Required fields are marked *

four − 3 =