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Board Beginners & Help
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Over time will transaction fees become huge?
by
laotzu
on 27/11/2013, 11:52:32 UTC
So after years of increasing difficulty eventually all 21 million btc will have been mined.
Along with this one would hope that there will be a huge increase in the number of transactions.
Doesn't this mean that those operating hugely expensive, electricity guzzling mining rigs will need very high transaction fees in order to survice?  So high as to remove one of btc's key benefits.