Just Tezting on Nostr: Well … even when all the bitcoin is mined, miners will still be competing for ...
Well … even when all the bitcoin is mined, miners will still be competing for transaction fees. I think one way to look at it is as long as the cost of energy + compute + land … is not actually zero, the mining difficulty will adjust accordingly.
Published at
2024-12-14 20:49:24Event JSON
{
"id": "26c78e3120b3b04a0e783bdcfec3bf835689d0030af81e08933d4c90421d4470",
"pubkey": "818069047e547d85087217e07ea88c684a3c921e9f9ba281d3b0f3e521ad3b87",
"created_at": 1734209364,
"kind": 1,
"tags": [
[
"e",
"ca775baa662106b65b8bb7be864cbf839471f253d11528b15af5fe16435b9b38",
"",
"root"
],
[
"e",
"e4d06eb413931727bec38615305d65d49b96c1bdc25be783ed13228e37c70ed2",
"",
"reply"
],
[
"p",
"3ddc43df737594bd68128ecd205ad9b61d6505f76e697d277ea8b9259186b168"
]
],
"content": "Well … even when all the bitcoin is mined, miners will still be competing for transaction fees. I think one way to look at it is as long as the cost of energy + compute + land … is not actually zero, the mining difficulty will adjust accordingly. ",
"sig": "b2641807dbdc4e9218ac3233aae21e6094e97c5221f4b23c6a53e481c84f53988d3c9b475d85356c5f67f676b475b7756154e4694fe846ed5c9b6b9049511126"
}
