2 ms·
The creation of new bitcoin is what incentives miner to spend so much. When the reward go down, the miners would presumably spend less energy. (But it has so fa
by varajelle 6y ago
The creation of new bitcoin is what incentives miner to spend so much. When the reward go down, the miners would presumably spend less energy. (But it has so far been offset by the increase of value of bitcoin itself.)
- X6S1x6Okd1st 6y agoThe next halving is in 1100 days when the subsidy drops to ~3 BTC. Total reward has been ~10-15% composed of tx fees recently. Waiting for reward to drop off by halving will take a long time and if current trends persist will be nicely padded by tx fees. https://btc.com/stats/fee https://btc.com/stats/fee