Post
Topic
Board Economics
Re: Is Bitcoin viable?
by
Fesatmas
on 22/01/2021, 13:46:45 UTC

The miners get paid less and less as time goes on. 
With the ledger also growing bigger and bigger, wouldn't the cost of mining start to exceed the profitability of mining? 

Not only from the perspective of their small payment, in this case, with the smaller supply, the miners are competing to occupy the seats that have been determined in number. the rest will be laid off and return to unemployment by having a number of bitcoin. on the side of the line technology takes precedence over miners. then the quality of the miners will be tested, but the payment fee will not be increased.

after all, where are they going? Will Bitcoin be recycled, or will it be added to a supply that has recently been buried on wasted hard drives? I am not sure