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Bitcoin Discussion
BTC is near to end
by
dohh
on
05/09/2018, 10:31:58 UTC
First block of proof. (I explain, why BTC in current state doesnt have future of 20 or 40 years, when all 21M BTC will be released, It will end much earlier).
It is no secret, that solving blocks is getting more difficult and that is happening in exponential rate.
https://bitinfocharts.com/comparison/bitcoin-difficulty.html
At the same time, profitability of mining vanishes into zero. It has ROI negative in most of countries already.
https://bitinfocharts.com/comparison/bitcoin-mining_profitability.html
At the same time Hash rate grows and grows.
https://bitinfocharts.com/comparison/bitcoin-hashrate.html
Its a common myth here, that vanishing profitability of mining is covered by transaction fees, but that is far from being true.
https://bitcoinfees.info/
Conclusion: mining is getting more and more pointless and that is happening in furious pace!