Why Nostr? What is Njump?
2025-06-01 14:57:37
in reply to

vnprc on Nostr: So you're saying miners aren't incentivized to deploy more hashrate? How do you ...

So you're saying miners aren't incentivized to deploy more hashrate? How do you explain the exponentially increasing network difficulty? This would appear to be patently untrue.

TX fees make up a trivial portion of block rewards. Like 1% or something. Under these circumstances even an overflowing mempool wouldn't impact miner profitability.
Author Public Key
npub16vzjeglr653mrmyqvu0trwaq29az753wr9th3hyrm5p63kz2zu8qzumhgd