diff --git a/cmd/geth/admin.go b/cmd/geth/admin.go
index 49e2dc6f8b..2b99566386 100644
--- a/cmd/geth/admin.go
+++ b/cmd/geth/admin.go
@@ -70,6 +70,7 @@ func (js *jsre) adminBindings() {
 	miner.Set("stop", js.stopMining)
 	miner.Set("hashrate", js.hashrate)
 	miner.Set("setExtra", js.setExtra)
+	miner.Set("setGasPrice", js.setGasPrice)
 
 	admin.Set("debug", struct{}{})
 	t, _ = admin.Get("debug")
@@ -236,6 +237,17 @@ func (js *jsre) setExtra(call otto.FunctionCall) otto.Value {
 	return otto.UndefinedValue()
 }
 
+func (js *jsre) setGasPrice(call otto.FunctionCall) otto.Value {
+	gasPrice, err := call.Argument(0).ToString()
+	if err != nil {
+		fmt.Println(err)
+		return otto.UndefinedValue()
+	}
+
+	js.ethereum.Miner().SetGasPrice(common.String2Big(gasPrice))
+	return otto.UndefinedValue()
+}
+
 func (js *jsre) hashrate(otto.FunctionCall) otto.Value {
 	return js.re.ToVal(js.ethereum.Miner().HashRate())
 }
diff --git a/miner/miner.go b/miner/miner.go
index bff0026dc4..52b9f2a699 100644
--- a/miner/miner.go
+++ b/miner/miner.go
@@ -37,6 +37,10 @@ func (self *Miner) Mining() bool {
 	return self.mining
 }
 
+func (m *Miner) SetGasPrice(price *big.Int) {
+	m.worker.gasPrice = price
+}
+
 func (self *Miner) Start(coinbase common.Address) {
 	self.mining = true
 	self.worker.coinbase = coinbase
diff --git a/miner/worker.go b/miner/worker.go
index 87d17dfd69..bb8b70c86b 100644
--- a/miner/worker.go
+++ b/miner/worker.go
@@ -72,6 +72,7 @@ type worker struct {
 	proc  *core.BlockProcessor
 
 	coinbase common.Address
+	gasPrice *big.Int
 	extra    []byte
 
 	currentMu sync.Mutex
@@ -93,6 +94,7 @@ func newWorker(coinbase common.Address, eth core.Backend) *worker {
 		eth:            eth,
 		mux:            eth.EventMux(),
 		recv:           make(chan *types.Block),
+		gasPrice:       new(big.Int),
 		chain:          eth.ChainManager(),
 		proc:           eth.BlockProcessor(),
 		possibleUncles: make(map[common.Hash]*types.Block),
@@ -239,6 +241,19 @@ func (self *worker) makeCurrent() {
 	self.current.coinbase.SetGasPool(core.CalcGasLimit(parent))
 }
 
+func (w *worker) setGasPrice(p *big.Int) {
+	w.mu.Lock()
+	defer w.mu.Unlock()
+	w.gasPrice = p
+}
+
+func (w *worker) gasprice(pct int64) *big.Int {
+	p := new(big.Int).Set(w.gasPrice)
+	p.Div(p, big.NewInt(100))
+	p.Mul(p, big.NewInt(pct))
+	return p
+}
+
 func (self *worker) commitNewWork() {
 	self.mu.Lock()
 	defer self.mu.Unlock()
@@ -259,9 +274,22 @@ func (self *worker) commitNewWork() {
 		ignoredTransactors = set.New()
 	)
 
+	var pct int64 = 90
+	minprice := self.gasprice(pct)
 	for _, tx := range transactions {
 		// We can skip err. It has already been validated in the tx pool
 		from, _ := tx.From()
+
+		// check if it falls within margin
+		if tx.GasPrice().Cmp(minprice) < 0 {
+			// ignore the transaction and transactor. We ignore the transactor
+			// because nonce will fail after ignoring this transaction so there's
+			// no point
+			ignoredTransactors.Add(from)
+			glog.V(logger.Info).Infof("transaction(%x) below gas price (<%d%% ask price). All sequential txs from this address(%x) will fail\n", tx.Hash().Bytes()[:4], pct, from[:4])
+			continue
+		}
+
 		// Move on to the next transaction when the transactor is in ignored transactions set
 		// This may occur when a transaction hits the gas limit. When a gas limit is hit and
 		// the transaction is processed (that could potentially be included in the block) it