What is the incentive for Bitcoin miners to continue operating a few halvings down the road when the subsidy is <1 BTC? Transactions will of course become more expensive, but I worry about a death spiral scenario where a meaningful percentage of mining goes offline due to on-chain fees remaining low, due to L2 network scaling, Bitcoin banks, and the like.
#asknostr #Bitcoin
cv / Renny
npub10l…7hh5z
2025-01-07 04:18:19
Author Public Key
npub10l9smvwx5ngrtcarzy23gaguwrdfgkhf5rkdpspyut9pexspnm8q57hh5zPublished at
2025-01-07 04:18:19Event JSON
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