11 ms·
The value you try to compute is currently exactly $79, including fees (which are about $1). If the number of transactions were to double (or halve) tomorrow, th
by mrb 4y ago
The value you try to compute is currently exactly $79, including fees (which are about $1). If the number of transactions were to double (or halve) tomorrow, that value would halve (or double). You are just dividing fixed ongoing rewards by a variable metric unrelated to the rewards (transactions). You are propagating a misconception that somehow this represents the cost of a transaction.
- FabHK 4y agoFunny thing is that traditional finance (say a credit card transaction) definitely beats BTC both on average cost and on marginal cost.