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block#500,000
Fee Mistake12/18/2017

#500,000

Block 500,000 — fee market comes alive

Mined
12/18/2017, 6:35:25 PM
Reward
12.5 BTC
Fees
3.39 BTC
Difficulty
1,873,105,475,221.61
Block hash

00000000000000000024fb37364cbf81fd49cc2d51c09c75c35433c3a1945d04

00000000000000000024…9c75c35433c3a1945d04

Block 500,000 was mined during the peak of the 2017 bull market with over 3 BTC in transaction fees alone. Users paid record fees to get transactions confirmed — a painful lesson that drove development of Lightning and SegWit adoption.

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