4 ms·
> they may choose not to, from the belief that enough of them will turn into $0.16 offered fees in the future Another miner will pickup those transactions and
by pstrateman 11y ago
> they may choose not to, from the belief that enough of them will turn into $0.16 offered fees in the future
Another miner will pickup those transactions and mine them.
Blocks are either full and there are fees or blocks are not full and fees are approximately zero.
Unfortunately the block size cannot be limited by individual miners.
- maxerickson 11y agoThis is only true while there is a glorious block reward subsidizing everything. (Which I realize is for a long time in terms of there being a block reward, but if bitcoin falls by 50%, so does the reward...)
- pstrateman 11y agoThe marginal cost of mining is actually relatively small for large scale operations compared to the fixed costs. (In general you cannot get 10+ MW of power without agreeing to pay for installed capacity and energy separately)