# Gas

**Published by:** [CryptoVincent](https://paragraph.com/@cryptovincent/)
**Published on:** 2022-10-16
**URL:** https://paragraph.com/@cryptovincent/gas

## Content

How much ether do you need to pay for a transaction? You pay gas spent * gas price amount of ether, where: gas is a unit of computation gas spent is the total amount of gas used in a transaction gas price is how much ether you are willing to pay per gas Transactions with higher gas price have higher priority to be included in a block. Unspent gas will be refunded. Gas Limit There are 2 upper bounds to the amount of gas you can spend gas limit (max amount of gas you're willing to use for your transaction, set by you) block gas limit (max amount of gas allowed in a block, set by the network) In the below code we have a function with a infinite loop, it run until all of the gas are spent and transaction fails.

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