Post
Topic
Board Mining
Re: Bitcoin's Future: What Happens When the Block Reward is Lower Than Fees?
by
LDL
on 26/12/2022, 16:33:40 UTC


@ETFbitcoin
@BitDane
Attention please , just I asked for learning.

Assuming we are in 2072 where blocked rewards 0.0007629  BTC per every 10 minutes. And Halving BTC mined in cycle 160.2172 BTC

How can mining be commercially profitable in this situation seems very difficult to me.
Assuming that mining power consumption, electricity costs, and maintenance costs will be lower in a tech-driven economy, what will be the condition of the BTC market if BTC mining blockades approach zero?