What happen to the mining fee for the blocks that are stale

0 votes

Suppose a miner mines a block and the block gets added to the main chain of the block chain. He must have got his mining fee then. Now suppose that due to a fork sometimes later, the block that he mined is no longer a part of the main chain, i.e. that block is orphaned now. Then would he retain his mining fee or would it get deducted?

Jun 4, 2018 in Blockchain by Christine
• 15,790 points
677 views

1 answer to this question.

0 votes

As I understood the forks of the blockchain, every fees you got and any money you have gets converted to the new money... So you will still have your money but converted to the new type of money. So instead of having a bitcoin you may then have like 20 bitcoins which are worth the same in dollars. So your mined block is not any longer in the blockchain as it was before but after the fork your money is still there as there are new blocks from the fork which confirm that you have the money...

answered Jun 4, 2018 by Shashank
• 10,400 points

Related Questions In Blockchain

+1 vote
1 answer

What is the best way to search for an item in blockchain?

All transactions and records in blockchain are ...READ MORE

answered Apr 21, 2018 in Blockchain by Perry
• 17,100 points
1,852 views
+2 votes
1 answer

What are the wallet path credentials for Web3j?

Follow the below steps: Go to the private ...READ MORE

answered Aug 2, 2018 in Blockchain by Omkar
• 69,220 points
1,879 views
0 votes
1 answer
+1 vote
1 answer

Protocols used in a distributed/dlt system for the nodes to establish communication

yes all are over TCP/IP connections secured ...READ MORE

answered Aug 6, 2018 in Blockchain by aryya
• 7,460 points
1,385 views
0 votes
1 answer

Truffle tests not running after truffle init

This was a bug. They've fixed it. ...READ MORE

answered Sep 11, 2018 in Blockchain by Christine
• 15,790 points
1,900 views
0 votes
1 answer

Hyperledger Sawtooth vs Quorum in concurrency and speed Ask

Summary: Both should provide similar reliability of ...READ MORE

answered Sep 26, 2018 in IoT (Internet of Things) by Upasana
• 8,620 points
1,423 views
0 votes
1 answer

What could be the best term to use for the collection of contracts in a .sol file?

module - don't think so. Because module ...READ MORE

answered Jun 2, 2018 in Blockchain by Shashank
• 10,400 points
692 views
0 votes
1 answer

What are the differences between tendermint and hashgraph?

Hashgraph uses Superior distributed ledger technology. Hashgraph ...READ MORE

answered Apr 8, 2018 in Blockchain by Shashank
• 10,400 points
957 views
webinar REGISTER FOR FREE WEBINAR X
REGISTER NOW
webinar_success Thank you for registering Join Edureka Meetup community for 100+ Free Webinars each month JOIN MEETUP GROUP