“Gassy Jack’s Shocking Revelation: Sending a Text Costs $11,340 in Gas Fees!”
Gassy Jack Ethereum transaction cost, Gas price for ETH transaction, Crypto transaction fees in 2025
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In this Twitter post by ETHGAS, Gassy Jack is faced with a cryptocurrency transaction puzzle. The post reveals that Gassy Jack sent a transaction with a base fee of 35 gwei and a maximum fee of 60 gwei, using 21,000 gas units. The price of Ethereum (ETH) at that time was $2700. The question posed is, how much did it cost Gassy Jack to complete this transaction?

To calculate the cost of the transaction, we first need to understand the components involved. In the world of cryptocurrency, gas fees are the prices required to conduct transactions or execute operations on the Ethereum blockchain. Gas is a unit that measures the amount of computational effort required to perform a specific operation. The gas price, measured in gwei (a fraction of an Ether), determines how quickly a transaction will be processed by miners.

In this scenario, Gassy Jack’s transaction used 21,000 gas units with a base fee of 35 gwei and a maximum fee of 60 gwei. To calculate the total cost of the transaction, we need to multiply the gas used by the average gas price. Since the gas price can fluctuate between the base and maximum fees, we can calculate the cost using both the base fee and the maximum fee.

Using the base fee of 35 gwei:
Total cost = Gas used x Base fee
Total cost = 21,000 gas x 35 gwei
Total cost = 735,000 gwei

To convert gwei to ETH, we need to divide by 1,000,000,000 (since 1 Ether = 1,000,000,000 gwei):
Total cost in ETH = 735,000 gwei / 1,000,000,000
Total cost in ETH = 0.000735 ETH

To calculate the cost in USD, we multiply the total cost in ETH by the price of Ethereum:
Total cost in USD = 0.000735 ETH x $2700
Total cost in USD = $1.98

Therefore, using the base fee of 35 gwei, the total cost of Gassy Jack’s transaction would be approximately $1.98.

Next, let’s calculate the cost using the maximum fee of 60 gwei:
Total cost = Gas used x Max fee
Total cost = 21,000 gas x 60 gwei
Total cost = 1,260,000 gwei

Total cost in ETH = 1,260,000 gwei / 1,000,000,000
Total cost in ETH = 0.00126 ETH

Total cost in USD = 0.00126 ETH x $2700
Total cost in USD = $3.39

Therefore, using the maximum fee of 60 gwei, the total cost of Gassy Jack’s transaction would be approximately $3.39.

In conclusion, the cost of Gassy Jack’s transaction could range from $1.98 to $3.39, depending on the gas fee he chose to pay. This post highlights the importance of understanding gas fees and how they can impact the cost of cryptocurrency transactions. If you’re interested in learning more about this topic or discussing it further, Gassy Jack can be found waiting in the Discord channel provided in the tweet.

Gassy Jack just sent a tx.

• Base: 35 gwei
• Max: 60 gwei
• Gas used: 21,000 gas units
• ETH = $2700

How much did it cost him?

He’s waiting in Discord: https://t.co/jBInP29H3S pic.twitter.com/fKA55q852Z

— ETHGAS (@ETHGASofficial) June 11, 2025

Gassy Jack just sent a transaction using Ethereum, and now he’s left wondering how much it cost him. Let’s break down the numbers to figure out the total cost of his transaction.

First, let’s take a look at the key details of the transaction:
– Base fee: 35 gwei
– Max fee: 60 gwei
– Gas used: 21,000 gas units
– Price of ETH: $2700

To calculate the total cost of the transaction, we need to consider both the base fee and the gas used. The base fee is the minimum fee required to process a transaction on the Ethereum network, while the gas used represents the computational effort required to execute the transaction.

The formula to calculate the total cost of the transaction is as follows:
Total cost = Base fee + (Gas used x Gas price)

Now, let’s plug in the numbers:
Total cost = 35 gwei + (21,000 gas units x 60 gwei)

Total cost = 35 gwei + 1,260,000 gwei

To convert the total cost to ETH, we need to divide by 1,000,000 (since 1 ETH = 1,000,000 gwei):
Total cost in ETH = (35 + 1,260,000) / 1,000,000

Total cost in ETH = 1.295 ETH

Finally, to determine the total cost in USD, we multiply by the price of ETH:
Total cost in USD = 1.295 ETH x $2700

Total cost in USD = $3,493.50

Therefore, it cost Gassy Jack $3,493.50 to send the transaction based on the given parameters.

If you want to chat with Gassy Jack and find out more about his transaction, you can find him waiting in Discord.

In conclusion, understanding the costs associated with cryptocurrency transactions is crucial for anyone involved in the space. By knowing the base fee, gas used, and gas price, you can calculate the total cost of a transaction and make informed decisions. Gassy Jack’s transaction serves as a reminder of the importance of considering these factors before sending funds on the Ethereum network.

For more information on Ethereum transactions and gas fees, you can visit the official ETH Gas website. Stay informed and make smart choices when it comes to managing your cryptocurrency transactions.