~
By the time all the bitcoins are mined, which is going to be a very long time, there will be a solution to how miners are going to profit from the market. And by the way, by then there will be lots of transactions on the blockchain, and maybe the mining wouldn’t be as difficult and energy-wasting as it is now.
The concept was when all the coins are mined the miners would sustain with the transaction charges alone and the logic is bigger blocks to include more transactions so that the miners will have a fair share of the revenue. The difficulty in mining is a good aspect because it determines the strength of the network, but i still cannot understand what is the energy wastage because when you are powering a decentralized economy you need to spend energy to maintain the network and you cannot call them wastage. It is like asking the baking sector to shut down half of their branches to save electricity By the time all the bitcoins are mined, which is going to be a very long time, there will be a solution to how miners are going to profit from the market. And by the way, by then there will be lots of transactions on the blockchain, and maybe the mining wouldn’t be as difficult and energy-wasting as it is now.
.~
With all the current calculations, you must not forget when you want to sell the coins. Many calculate the values based on current rates, but few really sell directly after mining. Some trade, the others hodln and others invest in more hardware. Important are the costs for hardware, electricity and storage. This question will continue to ask many, the goal of the coins is hodln and use at the best possible price.
BTCitcoin is meant to be transacted and not hold till eternity. It is a game theory where the miners are spending money to maintain their farm and they cannot hold all the coin and they will be forced to circulate the coins in the market to maintain them unlike POS coins where you stake the coins and when you think you want to book your profit you can move on with the investment to other pastures. With all the current calculations, you must not forget when you want to sell the coins. Many calculate the values based on current rates, but few really sell directly after mining. Some trade, the others hodln and others invest in more hardware. Important are the costs for hardware, electricity and storage. This question will continue to ask many, the goal of the coins is hodln and use at the best possible price.