Quote from: coins101 on June 23, 2015, 05:44:26 PM

Quote from: phMining on June 23, 2015, 05:33:32 PM

...I would think killing GPU mining would have severely dropped the node count. I fear for all of these multi-million dollar farms out there that are literally going belly up as soon as the block reward drops again Roll Eyes

I've been pondering the reward drop coming up.

One of the things that crossed my mind was this whole issue of block size increases. A reward halving would make transaction fees more attractive. But maybe that's one conspiracy theory too far.

Hey now... Bitcoin is all about a decentralized LIMITED currency. The reward halving is all in the name of keeping this currency stable. This isn't about making money. If people begin to increase transaction fees simply to make it more rewarding for miners losing out on this drop in reward... we're no better than VISA and very much against the fabric of why bitcoin was created. This will tell a lot. Bitcoin is either going to crumble or become more stable.