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You seem to be arguing that if block reward sufficiently drops, everyone will stop mining and new block cease to be generated. Why would it happen? If everyone
by Self-Perfection 2y ago
You seem to be arguing that if block reward sufficiently drops, everyone will stop mining and new block cease to be generated. Why would it happen?
If everyone stops mining that it would be enough to run mining on cheapest laptop and collect all the reward.
- kinakomochidayo 2y agoI didn't say that mining would cease - it's that there would be way less incentive for people to mine, so less hash power, and more susceptible to 51% attacks.