Its true. Miners need enough revenue to keep competing and keep the difficulty high. With every halving, miners revenue is cut in half.
Bitcoin price will keep going up, you can say, but USD is a shitcoin, if we don't generate enough BITCOIN revenue for the miners, the hashrate will keep falling and we will be more and more vulnerable to nation state attacks.
Bored Satoshi
npub1hv…yrjjm
2024-04-20 03:45:13
in reply to nevent1q…8twt
Author Public Key
npub1hv64t0jlg94p0tpq6zc8mrc5kyfhzwwn8fxp6m45jwdn9pmfs53q0yrjjmPublished at
2024-04-20 03:45:13Event JSON
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