Post
Topic
Board Mining
Re: Small time miners - What do you do when ASICs hit and you don't upgrade?
by
hjr29
on 27/10/2012, 08:16:22 UTC


When bitcoin hits mainstream, the block reward will be small and mining profit comes from transaction fees. Transaction fees are partially based on size already, and in the future I believe that it will increasingly depend on size.

I would love to know the percentage of people involved in BTC that are not:

A) Miners
B) Speculators

What do we think the percentage of people using BTC are actually 'using' BTC.

That's something that I'd be interested to know too. Right now, it looks like a lot of interest in Bitcoin is there purely for mining and speculation.