Re:Bitcoin surpasses $50K as major companies jump into crypto
by rkagerer on Wednesday February 17, 2021 @06:14AM
(#26165140)
I was skeptical too, but approached it from this end:
At the moment, one Bitcoin transaction costs me about $10 in network fees. The party pushing it through gets, say, another $90 or so in reward for mining it (6.25 BTC reward per block ÷ 3500 transactions per block × $50000 per BTC).
At the moment, one Bitcoin transaction costs me about $10 in network fees. The party pushing it through gets, say, another $90 or so in reward for mining it (6.25 BTC reward per block ÷ 3500 transactions per block × $50000 per BTC).