Redacted Display Name on Nostr: As of press time, the Bitcoin reward per block is 3.125 BTC, which equates to around ...
As of press time, the Bitcoin reward per block is 3.125 BTC, which equates to around $183,437. Should Bitcoin follow the Power Law Model through to 2034, the reward could increase by 2,905% to reach as high as $5,593,709. With transaction fees included, Bitcoin mining in 10 years could be highly lucrative if managed efficiently. With roughly 144 Bitcoin blocks produced daily, this would equate to roughly $792 million worth of Bitcoin per day and $5.5 billion per week.
Published at
2024-08-13 15:02:05Event JSON
{
"id": "de70744b49d1766ad1a3c1bc546caeb76bd78046bd88ab44b2d83e123f57df09",
"pubkey": "77ce56f89d1228f7ff3743ce1ad1b254857b9008564727ebd5a1f317362f6ca7",
"created_at": 1723561325,
"kind": 1,
"tags": [],
"content": "As of press time, the Bitcoin reward per block is 3.125 BTC, which equates to around $183,437. Should Bitcoin follow the Power Law Model through to 2034, the reward could increase by 2,905% to reach as high as $5,593,709. With transaction fees included, Bitcoin mining in 10 years could be highly lucrative if managed efficiently. With roughly 144 Bitcoin blocks produced daily, this would equate to roughly $792 million worth of Bitcoin per day and $5.5 billion per week.",
"sig": "d60bf3d4fc65b679169df3e141f4ea2d709d97c4c1e59b181641cb70be6cfe28722bec3a110fbf6c01b879a7fad115c3ae37d34013d1599932f87308979717a3"
}