sourcenode on Nostr: This argument ignores the fact that miners are not rewarded exclusively by the block ...
This argument ignores the fact that miners are not rewarded exclusively by the block subsidy. They are also rewarded by transaction fees, which will likely increase in the future.
Second, there are many areas in the world where energy is stranded or wasted in the grid. Any place where energy can be turned into value instead of wasted will provide an opportunity for miners to monetize that waste.
Published at
2023-11-11 11:00:26Event JSON
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