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A comment on Bitcoin's miners face vanishing incentives; 19M+ of its 21M max supply are mined.

Re:Bitcoin's miners face vanishing incentives; 19M+ of its 2... by bitxbitxbitcoin on Sunday June 19, 2022 @08:00PM (#31804756)
The block reward has been mostly transaction fees before and will be more and more often with each halvening.

Difficulty adjustment means that Bitcoin’s value doesn’t need to rise for miner’s to continue to be rewarded.

[ Parent | on HN ]
Re:Bitcoin's miners face vanishing incentives; 19M+ of its 2... by mtnGoat on Sunday June 19, 2022 @08:25PM (#31804913)
Except without the block rewards the transaction fees will have to go up so miners make the same amount of income. This increase will certainly make BTC less desirable as international wires are still cheaper than btc currently.
[ Parent | on HN ]